Is the Subprime Auto Market Creating a Bubble?

Data shows that subprime auto lending may not be creating the next bubble.

Is subprime auto lending creating the next bubble? Analysis of data by economists Amy Crew Cutts and Dennis Carlson suggests otherwise.

Equifax Joins Top Lending Professionals at CUNA Lending Council Conference

CUNA Lending Council Conference Sponsor

Join Equifax at the CUNA Lending Council Conference, November 2-5, 2014.

WOTC Update: Aaron Schock Pushes WOTC extension; IRS Urges Extension of WOTC Extender Bill

WOTC extension

In August, Rep Aaron Schock of Illinois introduced H.R. 5264 “To amend the Internal Revenue Code of 1986 to make the work opportunity credit permanent.”  The bill would extend WOTC one year retroactive to cover the current hiatus and would also make WOTC permanent.  Mr. Schock and his Co-sponsor Charles Rangel of NY have published [Read More...]

Tax Intelligence – State Targeted Hiring Tax Credits

state targeted hiring programs

Situation State targeted hiring programs provide tax credits for businesses who hire individuals falling into various categories such as disabled, unemployed, economically disadvantaged, and veterans.  Most states allow any business, regardless of industry, to take advantage of these programs.  Accessing and qualifying for these programs can vary from state to state. Solution To benefit from [Read More...]

Great Customer Service Starts With a Single Accurate Database

Consolidate your data into a single customer service database.

Decentralized databases are a growing problem. Consolidating information into a single accurate and up-to-date customer service database can help.

Mortgage Balances Down Over 2014 Q2, But Still Higher Than 2013

Mortgage balances went down over 2014 Q2, but they're still higher than 2013.

People across the country are paying down their mortgage balances and taking out home equity lines, but they aren’t using them just yet, says a new report.

Credit Card Balances Continue to Grow as Consumer Confidence Rises

The trend of growing credit card balances continues.

Credit card balances are up as more people are borrowing more money, while credit card delinquencies have declined during the first half of 2014.

HAMP Loan Program: The Other Shoe Is About to Drop

Many homeowners avoided losing their homes to foreclosure through HAMP, a temporary loan program that will soon expire.

HAMP homeowners may soon be struggling with impending foreclosures. As a loaner, here is how you can help your clients manage their debt.

Combating Transaction Fraud

prevent fraud

We have all heard the news that data breaches and the subsequent identity theft of all types is the fastest growing crime in the US today. More people and businesses are being impacted for larger dollar amounts − witness the impact of the Target and Home Depot breaches. Unfortunately, there is no such thing as [Read More...]

California EZ – Third Party Vouchering

California EZ

Some good news in the “wind-down” of the California Enterprise Zone Program! The California HCD has assigned third-party agents to continue vouchering for all Los Angeles zones as of September 1, 2014 through the end of 2014. Previously, Los Angeles announced that they would no longer accept voucher applications after August 31, 2014. Even though [Read More...]