Quarterly U.S. Economic and Credit Trends from Equifax – Credit Card Activity Remains Strong and Steady

As part of our new quarterly series, U.S. Economic and Credit Trends Outlook, Equifax is sharing fresh insights and information about current economic conditions. We hope this regular update can help you optimize performance, growth and profitability across all areas of your business by giving you a fresh, current snapshot of the economy and key [Read More…]

U.S. Economy is Looking Up, as Improvement Continues Through 2017

Having a basic understanding of current economic conditions can help you make smarter, more strategic decisions about your business. You can benchmark your performance against national markets and trends. You can better forecast your book of business. You can even boost your business agility by monitoring shifts in your industry, or the broader economy. For [Read More…]

Latest Credit Trends – Equifax Reports New Credit at Five Year High

Our latest National Consumer Credit Trends Report is out, and new credit generated during January – February of this year is up more than 33% over recession lows.  If you’re involved in Auto Lending, Home-Equity Lending, and Student Lending, you are probably pretty busy these days. Year-to-date new credit balance changes compared to the same [Read More…]

December 2012 Credit Trends – Credit Levels Increasing

Equifax has released the latest National Credit Trends Summary for December, 2012. The significant news is consumer credit levels are inceasing for non-mortgage lending, while delinquency rates for non-mortgage loans has returned to pre-recession levels. Follow the link above to read more details and see my other comments including what’s happening with auto lending, retail [Read More…]

November 2012 Credit Trends – Auto Lending at Five Year High

Equifax has released the latest National Credit Trends Summary for November, 2012. In case you missed it, auto loan originations are at a five year high, and the average loan amount is the highest since 2006. Follow the link above to read more details and see my other comments on www.equifax.com Want to learn more? [Read More…]