Tag: credit trends

The COVID-19 pandemic has created unprecedented challenges for the utilities industry. This includes the need to plan for – and be prepared to respond...

May 26, 2020 by Laura Burrows

Update: After closely monitoring updates from the WHO, CDC, and other relevant sources related to COVID-19, we have decided to cancel our 2020 Vision...

February 6, 2020 by Stefani Wendel

According to research, only 15% of American consumers have swapped out their go-to credit card in the past year and spend more money both...

January 15, 2020 by Laura Burrows

To provide consumers with clear-cut protections against disturbance by debt collectors, the Consumer Financial Protection Bureau (CFPB) issued a Notice of Proposed Rulemaking (NPRM)...

October 14, 2019 by Laura Burrows

It’s been over 10 years since the start of the Great Recession. However, its widespread effects are still felt today. While the country has rebounded in many...

July 22, 2019 by Laura Burrows

What is CECL? CECL (Current Expected Credit Loss) is a new credit loss model, to be leveraged by financial institutions, that estimates the expected...

June 7, 2019 by Laura Burrows

Consumer credit trends are continuously changing, making it imperative to keep up with the latest developments in originations, delinquencies on mortgages, credit cards and...

June 4, 2019 by Laura Burrows

Millions of consumers lack credit history and/or have difficulty obtaining credit from mainstream financial institutions. To ease access to credit for “invisible” and below...

May 17, 2019 by Laura Burrows

2019 is here — with new technology, new regulations and new opportunities on the docket. What does that mean for the financial services space?...

January 14, 2019 by Stefani Wendel

With credit card openings and usage increasing, now is the time to make sure your financial institution is optimizing its credit card portfolio. Here...

August 25, 2018 by Guest Contributor

Millennials have been accused of “killing” a lot of things. From napkins and fabric softener to cable and golf, the generation which makes up...

August 15, 2018 by Stefani Wendel

The average number of retail trades per consumer has been trending down since 2007. But the average consumer retail debt is trending up, roughly...

March 1, 2018 by Guest Contributor

Credit card balances grew to $786.6 billion at the end of 2017, a 6.7% increase to the previous year and the largest outstanding balance...

February 23, 2018 by Guest Contributor

Are you ready to launch a new product to capture the revenue growth opportunities in today’s market? The competition is heating up for new...

February 2, 2018 by Craig Wilson

Our 8th annual State of Credit report shows that consumer credit scores and signs of economic recovery continue on an upward trend, coming close...

February 1, 2018 by Guest Contributor