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Retailers are counting on it as the U.S. enters the holiday shopping season. Expectations are set for a positive season, with industry forecasts projecting a sales increase of 3.5% to 4.6% in the United States, totaling around $1.54 to $1.56 trillion. However, a few factors might dampen consumer spending, such as high interest rates, student loan payments, and rising debt payments.
Our expert panel discusses the impact of the end of the student loan forbearance and how leveraging data, scores and credit attributes can help your business better anticipate market trends and align your strategies with consumer behavior.