A single point in time or “snapshot,” of a consumer’s risk profile is insufficient to make credit decisions. “Trended” consumer views provide the information required to redefine static lending approaches and create a breakthrough strategy that will deliver profit. By leveraging trended data, lenders can quantify and characterize consumer behavior, which provides robust views of the consumer that can drive new and innovative strategies.
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Discover key insights to understand and capitalize on growth opportunities for the Alternative Finance Services market.
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As we prepare for the year ahead, it’s crucial to understand the trends of 2023 that shaped our current economic environment. Download the 2023 Experian Edge Economic Chartbook, where you can find critical insights into the labor market, inflation, banking stress, delinquencies and more.
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