Why Is Goldman Sachs Getting Out of Consumer Lending?
My second job out of school was working for Deluxe Check Printers calling on banks in Alabama. One of my favorite banks was an independent bank in Guntersville Alabama. This particular bank was your typical bank, friendly hometown bank with conservative financials. However, this bank recognized the opportunity to service more customers who may not […]
Credit Card Debt at $1 trillion!!
“If I owe you a pound, I have a problem; but if I owe you a million, the problem is yours.”- John Keynes That’s right, America. We have now surpassed $1 trillion in collective credit card debt. In the words of the 1970’s band Kool & the Gang, “Celebrate good times, come on!” So, unemployment […]
Keep Money in Your Pocket: Why Customer Retention Systems Matter
Lenders often operate in a competitive industry, where acquiring net new customers seems like the ultimate goal. However, what they often overlook is the immense potential of customer retention. Your existing database of customers may hold the key to unlocking unprecedented levels of growth.
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.
5 Ways Altair Can Help You Find In-Market Leads
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