Credit Risk
Recent Articles
Dual credit scores are changing mortgage finance. Get expert insight on credit risk, investor modeling challenges, and the role of alternati [...]
Get data-driven insights on mortgage credit report costs, market competition, fallout challenges, and the risk of moving to single-bureau re [...]
Discover how the three credit bureaus are championing innovation, competition, and alternative data to expand mortgage access and homeowners [...]
Learn how the mortgage industry is evolving with advanced data, AI, and strategic automation to increase efficiency and expand affordable ho [...]
Power better lending with alternative data. See how Equifax's OneScore for Alternative Finance uses advanced data and AI to boost approvals [...]
How credit score competition is reshaping the mortgage market, increasing innovation, and expanding credit access for more homeowners.
Equip your mortgage business for 2025: discover 3 data-driven strategies to navigate risk and build a resilient lending operation.
Optimize consumer loan decisions with data. Unlock growth and mitigate risk by refining lending policies, analyzing historical data, and lev [...]
The current economic climate presents challenges that directly impact consumer affordability. Between persistent supply chain disruptions, [...]
Unlock business growth with Equifax differentiated data on Google Cloud. Gain real-time insights, improve risk management, and drive innovat [...]
Streamline account openings with data-driven solutions. Enhance risk assessment, fraud prevention, and compliance.
Uncover the impact of macro lending trends on your strategy. Track recent lending activity to refine and optimize your origination efforts f [...]
Many lenders frequently use income estimates to help inform their decisions. For example, income estimates are often used to help evalua [...]
It’s a pivotal time for the automotive industry, one filled with both challenges and significant opportunities. This sector is used to n [...]
Pre-Approval of One for auto lenders streamlines the lending process, offering a win-win solution for lenders, dealers, and consumers.
Our experts, Anna Fisher, Vice President, Alternative Finance, and David Sojka, Risk Advisor, discuss the AltFi space and how alternative [...]
Lenders can take advantage of bank transaction data with new automated cash flow underwriting solutions for loan underwriting.
It’s no secret that auto affordability remains an issue for consumers. High auto prices and high interest rates are an ongoing challenge [...]
The New Normal The automotive industry is in radical transformation. Who will succeed? The automotive industry’s success depend [...]
In the latest episode of the Market Pulse podcast, the Equifax Risk Advisors team delves into the current eco [...]
During our Market Pulse webinars, our audience submit questions each month to our expert panel. For our June Market Pulse webinar our pane [...]
Model efficiency and performance is the key Any company that leverages credit data from multiple credit bureaus is likely fami [...]
In the ever-evolving landscape of auto financing, a multitude of factors shape market dynamics. From shifts in lender strategies to chan [...]
Published in May 2024, our U.S. National Consumer Credit Trends Report on Originations¹ provides trends in auto loans, leases, and dee [...]
The current dynamic economic landscape presents a complex challenge for lenders. They have relied on traditional credit scores to assess [...]
Unleash the power of Equifax alternative data and AI-powered risk decisioning from Provenir As a financial services provider, you [...]
Welcome to the May 2024 Market Pulse Webinar recap. Our goal is to keep you plugged in to what you need to know to navigate today's econ [...]
The March Market Pulse webinar resonated deeply with our audience. It delved into the complexities of affordability and its effects o [...]
Artificial Intelligence (AI) is all the rage right now. At a recent conference that I attended, a guest speaker was asked, “What’s the f [...]
During March’s Market Pulse webinar, we gave our audience what they have been requesting: extended time for Q&A with our premiere li [...]
In today's fast changing economic environment, staying informed about macroeconomic trends is essential for businesses across various se [...]
Risk management is a multifaceted field that remains an enigma to many. In the latest episode of the Market Pulse podc [...]
Shift into high gear In our energetic February 2024 Market Pulse webinar, our experts presented a roadmap for driving success [...]
Our January Market Pulse webinar discussed all aspects of affordability in our current financial market. Our experts shared their deep k [...]
Nobody likes wasting time and money…and yet, insurance carriers present rate quotes for home and car insurance without knowing their rea [...]
During our December 7 Market Pulse webinar, experts shared insights, empowering you to look back at the economic and consumer landscap [...]
During the final Market Pulse webinar of 2023, we took a look at the past year’s economic and consumer landscape and then presented an e [...]
During our November 16 Market Pulse webinar, experts shared insights and actionable advice, empowering you to navigate the intricate t [...]
Take the full capacity of the largest college football stadium (“The Big House” at the University of Michigan at 107,6001) and multiply [...]
The warning signs are all around us: many consumers are financially stressed. Already, consumers are getting squeezed by high inflation [...]
When we speak with our credit union clients, we often bring up the potential impact of student loan debt. After all, student loans are h [...]
In the fast-paced world of finance and economic policy, staying ahead of the curve is essential for success. The September 2023 Market Pul [...]
We are in uncharted economic territory. This month’s Market Pulse webinar is a must-listen to get ahead of the economic fluctuations we [...]
In our first article in this series, we discussed the magnitude of the student loan debt. Over 43 million student loan borrowers. Over $ [...]
The last three years has brought a range of micro and macroeconomic storms. Shifts in spending behavior and the influx of [...]
This is the first of a two-part blog series. Look out for the second article to learn how lenders can prepare to address student loan risk [...]
In a murky and mysterious economic landscape, there can be uncertainty and hesitation. In July’s Market Pulse webinar, we discussed key [...]
Millions of consumers will have to budget for another monthly payment in October. That’s when the federal student loan [...]
We live in a fast paced digital era. That's why banks and financial service providers are looking for innovative ways to engage customers [...]
You’ve seen it before: A borrower’s application - approved. Credit obligations and documentation - checked. [...]
Fraud is an ever-present threat. It is especially harmful at a time when credit unions are needing to shore up liquidity and fight for e [...]
The nation’s consumers are becoming even more financially diverse. Think about young consumers and the growing number of immigrants who [...]
One action credit unions can take to gain control in an uncertain environment is to effectively use portfolio reviews. That way they can [...]
If you’re an Insurtech innovator, it’s time for a rethink. After a red-hot funding cycle in 2021, investment in the Insurtech space is c [...]
During these challenging economic times, lenders need to strike a balance between growing their lending portfolios and managing risk. In [...]
Even with rising interest rates and economic uncertainty, consumers are still expected to seek out new unsecured loans and lines of credit [...]
For lenders, today’s economy is causing some angst. While lending remains strong, many lenders are concerned about growth. How can they [...]
Spoiler alert: it’s NOT what you think of when you think “Equifax” Everything you do as a credit union centers around your member [...]
Reporting can be a pain point for many lenders. Yet, it’s an important part of ensuring lenders get an accurate picture of a consumer’s [...]
We’re talking weeks, not months, or years A lot of businesses feel “stuck” in today’s uncertain market, unsure about how to get [...]
In today’s shifting economy, many credit unions continue to focus on maintaining adequate liquidity. Lower interest rates over the past [...]
From record inflation and rising interest rates, to wavering consumer spending power and a potential hiring slowdown, the ever-changing [...]
Big banks are flush with data and analytic resources. Optimizing their credit risk models is a seamless, efficient process. It’s [...]
You might be asking yourself the $20 trillion-dollar question: are we in a recession? And, what does that mean for risk in my portfolio? [...]
Credit union marketers have a full plate. They need to attract new members, deepen relationships with existing members, and provide a positi [...]
Confidently serve below-prime members by seeing the bigger picture Approved. It’s a magic word. Especially for the estimated 77 [...]
As U.S. consumers continue to migrate their shopping habits toward online merchants and become more aware of point of sale financing alterna [...]
Powering the world with knowledge For borrowers and lenders alike, the last two years have been a time of change. There has b [...]
For our February 10 Market Pulse webinar, we discussed Buy Now, Pay Later and their effect on consumer credit scores, plus consumer cr [...]
We had an overwhelming attendance and response at this month’s Market Pulse webinar on the rising financial service, Buy Now, Pay Later [...]
As Buy Now, Pay Later (BNPL) transaction volumes continued to rise through the holiday season, one of the most asked questions is, how does [...]
For our December 2 Market Pulse webinar, our panel of experts discussed the current and future state of the energy industry. This month’ [...]
Fireside chat with Just Energy In our December 2 webinar, our moderator, Rissa Reddan, Demand Generation Leader of U.S. Informati [...]
Buy Now, Pay Later has continued global growth, with U.S. adoption up sharply over the last two years. The service, which originated from Au [...]
For our December 2 Market Pulse webinar, our panel of experts discussed the current and future state of the energy market. This month’s [...]
Buy Now, Pay Later (BNPL) financing is soaring in popularity this holiday season. Consumers are using these loans to purchase everything fro [...]
Today, financial institutions need to be agile, fast, and flexible to keep pace with the changing market and customer dynamics. Digitizati [...]
The mortgage industry is constantly changing. But these lending FAQs can help you keep up with the latest trends and gain a competitive edge [...]
The rate of change in the auto industry is accelerating. And it’s not powered by just one factor; it’s a complex mix of industry and soc [...]
This is a recap of our October 20 Small Business Insights webinar, where our very own Sarah Briscoe, Lead Commercial Statistical Analyst [...]
This is a recap of our October 7 Market Pulse webinar, where we discussed the importance of credit unions in gaining access to credit. T [...]
Successful credit unions work hard to attract new members, strengthen existing member relationships, and give the community direct access [...]
Small business continues to dominate news headlines. In this recap of our webinar, “Small Business Insights: August 2021,” Elaine Makdah, [...]
One-On-One Chat with CEO of Markaaz This is a recap of our one-on-one chat during our August 18 Small Business Insigh [...]
The economy is recovering and the outlook for small businesses is continuing to remain strong. Fintechs have started to step away from t [...]
Consumers and businesses need access to credit and lending to live and perform. Yet, 91.5 million consumers struggle to gain access to [...]
As the economy recovers the outlook for small businesses remains strong. Fintechs have started to step away from traditional credit data [...]
The banking landscape is changing. Challenger banks, also known as neobanks, have taken off in popularity, especially since more people [...]
Buy Now Pay Later (BNPL) services skyrocketed during the 2020 ecommerce boom. These services soared nearly 50% from July 2020 through March [...]
Post 2020, financial inclusion is the common theme This week, top data and analytics experts from Equifax and around the world [...]
As most of the country opens back up, the Automotive Industry continues to see pent-up consumer demand, inventory shortages, and increas [...]
At the Virtual Consumer Data Industry Association (CDIA) Law & Industry Conference on July 12-14 2021, Peter Maynard, Senior Vice Pr [...]
A More Inclusive Credit Scoring Model Economists refer to the U.S. recovery as ‘K-shaped’, meaning that one segment of the population is pr [...]
In this recap of our June 24 webinar, “Market Pulse: Accelerating Access to Credit,” Chris Wheat, Co-President at JPMorgan Chase Institu [...]
Demand Growing for Small Business Credit With economists predicting a GDP growth rate of 6.5% in the fourth quarter and consumer spending b [...]
In this recap of our June 3 webinar, “Market Pulse: The Post-Pandemic Small Business Economy,” Evan Leaphart, Founder and CEO of Kiddie [...]
As we emerge from the pandemic, small businesses are integral to the health of the post-COVID economy. For our June 3 Market Pulse webinar [...]
Many businesses operate in a transactional environment that requires fast credit decisioning. However, a variety of obstacles prevent them [...]
For our May 6 Market Pulse webinar, our panel of experts discussed how fraud trends impact consumers and businesses and how to prevent fraud [...]
Equifax has come a long way since its founding in 1899 by a pair of Tennessee-based grocers. Those long-ago grocers compiled lists of cu [...]
Memorial Day weekend, the much-anticipated kick-off to the summer automotive sales season, is right around the corner. For most auto dealers [...]
This is a recap of the April 1 webinar, Market Pulse: The Tide is Turning. We are sharing key insights on the U.S. economy and consum [...]
Are you monitoring for undisclosed debt throughout the loan closing process? The high-risk blind spot in the origination process i [...]
With an increase in vaccinations, a second stimulus check and a wealth of pent-up demand, consumers are ready and willing to spend. For [...]
While the global pandemic continues to dramatically impact businesses, project managers and commercial real estate (CRE) professionals want [...]
After a year of credit tightening in 2020, consumer credit remains down across the board. That includes balances, utilization and delinq [...]
We captured key insights from the January 14 webinar, Market Pulse: Planning in a K-Shaped Recovery, featuring Cris deRitis, Deputy Chie [...]
Who Benefits from the Fiscal Stimulus? There were three main components to the fiscal stimulus package that Congress approved in late Decemb [...]
This is a recap of the December 10 webinar, Market Pulse: Consumer Spending Trends and Expectations. We’re sharing key insights offere [...]
Buy Now, Pay Later FinTechs are Well-Positioned to Drive Holiday Sales in 2020 Buy now, pay later FinTechs are well-positioned to enable a [...]
The Real Question is “When” - not “If” - we will get Economic Stimulus As we count down to the U.S. election, the question of economic stim [...]
High unemployment is adding to the financial stress on households. As of August 13, 13.1% of renters did not pay their monthly rent. That co [...]
This is part 1 of a 3-part series Accelerating Growth in the FinTech Space While the COVID-19 pandemic is upending the status quo for man [...]
Equifax offers solutions that help automotive dealers need to close the gap with digital shoppers for the sake of new vehicle sales -- and t [...]
BHPH Lenders Need Alternative View of Customers' Ability to Pay It's paramount to keep sales moving during this time, not only for franchis [...]
May 2020 Market Pulse Series - FAQs Equifax and our expert guest speakers answered dozens of questions from attendees follow [...]
The economic uncertainty caused by COVID-19 has impacted the automotive industry in complex ways. The entire auto ecosystem has been adaptin [...]
over 21.9mm unemployment claims were filed by Americans. In comparison, the maximum four-week stretch for unemployment during the Great Rece [...]
Great societal changes bring about big questions – and often, a dive into the past can be helpful in understanding the future economy.
FICO recently announced that its new FICO® Score 10 T, set to be released this summer, will include trended data. With this new opti [...]
Since the last U.S. recession in 2008, financial risk management has seen significant changes. Lending requirements are tighter, verific [...]
This question sounds absurd. But this is one of the most important questions lenders must ask themselves when making consumer credit de [...]
In recent weeks, you may have heard that the Current Expected Credit Loss accounting standard - the regulation known as CECL - has been [...]
Calibrating premium to risk is crucial to your business – and the business of daily life for your customers. What if improving accuracy [...]
Insurers may face a conundrum when it comes to assessing a new policyholder’s prospective risk, especially if they lack a traditional credit [...]
Did you know that the concept of credit has been around for over 5,000 years? While the methods for evaluating credit have evolved over [...]
Discover Your Diamond Customers Among the Rough Fraudsters. There is no doubt that today’s cybercriminals are dedicated to thei [...]
Today’s static consumer credit profile provides a limited understanding of financial behaviors and risk profiles. Alternatively, trended [...]
Why Trended Data Impacts Credit Decisions Today, many lenders rely strictly on a static credit score. This provides a snapshot [...]
Market Conditions Ripe for More Consumer Lending An improving economy means more people feel confident in their ability to pa [...]
Equifax has developed Insight Score™ for Personal Loans, a risk score optimized to help lenders evaluate applicants seekin [...]
Equifax has recently extended its agreement with the Small Business Financial Exchange, but what exactly does that mean [...]
A Two-step Authentication Approach Consumers are always on the go, using digital devices to make purchases, check account balan [...]
Current Expected Credit Loss (CECL) will require financial institutions to gather data from various sources. Based on conve [...]
Lending and the Economy While not its direct intent, the new current expected credit loss (CECL) standard could have a signific [...]
Meet Credit Union Members Where They Want to Do Business. It takes more than a “smile and a handshake” to develop a relationship [...]
Auto Dealers and Lenders Still Unclear on MLA We all respect and value our service members, and what they do to protect our f [...]
Credit card lending is still on fire. There have never been so many consumer choices for premium cards. They have exclusive names like The [...]
By: John Giamalvo, VP, Dealer Services, Automotive Elements of the car shopping process have certainly moved upstream to the consumer over t [...]
Are you a financial institution looking to grow your commercial credit card business? Focusing on this market makes a lot of sense, es [...]
As a financial institution in an ever-changing landscape with fast-moving competitors, how do you grow your card and loan portfolios and [...]
Equifax recently announced that Westlake Financial, a privately held financial company that specializes in the acquisition and servicing of [...]
Today, the average car buyer spends nearly 70 percent of the total purchase process online, rapidly clicking their way to exactly what they [...]
Equifax BusinessConnect™ for Marketing Optimizes Sales to Current Customers Upselling and cross-selling are easier said than done. To do it [...]
Get a Big Picture View of Small Businesses Commercial payment performance data can help provide information on how a business is paying its [...]
How machine-learning technology can provide insights that drive growth with less risk Soaring increases in computing volume and a [...]
It’s official: siloes don’t work. That’s why Equifax designed BusinessConnect™ to align three important revenue functions—Sales, Credit and [...]
Walk into almost any homeowners’ association (HOA) meeting, listen to the discussions about unleashed dogs and roof repairs, and you might [...]
Young buyers represent significant risks and opportunity for dealerships. Their life situations and limited credit history calls for some fr [...]