Loading...

Bankcard balances increase for prime credit score tiers

Published : September 23, 2012 by admin

The average bankcard balance per consumer in Q2 2012 was $4,170, which is 4 percent higher when compared to the same quarter of the previous year. VantageScore A and VantageScore B tiers (super prime and prime) saw bankcard balances increase by 31 percent and 11 percent respectively, while all other VantageScore® tiers experienced annual balance decreases during the same timeframe.

Listen to our recorded Webinar on consumer credit trends from the Q2 2012 Market Intelligence Reports, including bankcard trends and an in-depth look at the current state of the U.S. real estate market.

Source: Experian Oliver-Wyman Market Intelligence Reports

VantageScore® is owned by VantageScore Solutions, LLC.

Related Posts

To maximize limited marketing spend, lenders will need to be more prescriptive to increase response rates on fewer delivered offers.

Published : October 6, 2020 by Eric Johnson

To improve results within the subprime space, lenders need to have a well-established pre-delinquent contact optimization approach. Read more!

Published : August 17, 2020 by Erik Svensen

Learn how to accurately and consistently report on consumers' credit while complying with regulatory guidance during the COVID-19 pandemic.

Published : April 14, 2020 by Guest Contributor

Subscription title for insights blog

Description for the insights blog here

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Categories title

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

Subscription title 2

Description here
Subscribe Now

Text legacy

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source.

recent post

Learn More Image