Loading...

Group with lowest average balance shows greatest quarterly percentage increase

Published: April 28, 2013 by admin

While VantageScore® super-prime consumers carried the lowest average credit card balance of all credit tiers in Q4 2012 ($2,581), this group experienced the greatest average balance increase (6 percent) when compared with the previous quarter. All other credit tiers had little or no change to their average credit card balance.

Learn more and get an in-depth look at consumer credit trends from Q1 2019.

Source: IntelliViewSM powered by Experian-Oliver Wyman Market Intelligence Reports

Related Posts

2021 Trends for Financial Services

Last year’s predictions of a new set of Roaring 20’s may not have panned out the way we imagine, but many did evolve. Here are six trends to watch in 2021.

Published: January 4, 2021 by Stefani Wendel

Read More

Automotive Industry Demonstrates Resilience in Q3 ...

While things aren't quite back to normal in Q3 2020, there were a number of positive trends that demonstrates...

Published: December 14, 2020 by Melinda Zabritski

Read More

Utilities Q&A Perspective Series: Navigating ...

Experian experts provide insight on how utility providers can evolve amidst COVID-19 and refine their collections and recovery processes.

Published: May 26, 2020 by Laura Burrows

Read More

My Search

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

Tags

alternative credit data alternative data analytics auto auto loans automotive Automotive Finance Market analysis bankcard CFPB collections consumer behavior consumer credit consumer credit trends covid covid-19 credit attributes credit risk credit score credit scores credit scoring credit trends customer experience data Data Breach Decisioning digital technology Experian Experian Automotive financial services fintech first party fraud fraud fraud prevention identity theft IntelliView KBA machine learning market trends regulatory regulatory compliance synthetic ID synthetic identity synthetic identity fraud technology VantageScore

Follow Us!