Navigating the Changing Landscape of Consumer Loan Markets in 2023
Title: Navigating the Changing Landscape of Consumer Loan Markets in 2023 | Altair Data
In this post, explore the dramatic changes happening within consumer loan markets and how to address issues like riskier customers, increased interest rates, and rising defaults. Learn how best to navigate these trends with insight from Altair Data.
The Rise of Revolving Debt- How Can Your Business Capitalize?
The use of credit cards and personal loans has surged in recent years, but that doesn’t necessarily mean Americans are in financial trouble.
How Lenders Miss 25% of Their Ideal Prospects
One problem that many consumers face in today’s financial landscape is building enough credit history to qualify for better loans. 25% of American consumers fall under the criteria of “thin file” prospects. Essentially, they have fewer than 5 items in their traditional credit histories, making it more difficult for them to qualify and be approved […]