Gauging U.S. Recession Risk: New White Paper Available from Equifax

A question frequently asked is when the U.S. might enter into a recession. To help separate fact from fiction, Amy Crews Cutts, senior vice president and chief economist at Equifax and Gunnar Blix, deputy chief economist, walk us through some of the concerns surrounding the timing of recessions in a new white paper. VIEW WHITE [Read More…]

New White Paper Available from Equifax – Gauging U.S. Recession Risk

Equifax has published a new white paper – Gauging U.S. Recession Risk. Written by Amy Crews Cutts, senior vice president and chief economist at Equifax and Gunnar Blix, deputy chief economist, this white paper walks through some of the concerns surrounding the timing of recessions. Key topics covered include: Up and Down Cycles Consumers Doing [Read More…]

Webinar On Demand: Q3 Economic and Credit Trends from Equifax

Make more informed decisions with economic and consumer credit insights from Equifax   Insights that Drive Strategic Growth Equifax has published the latest in our quarterly webinar series aimed at helping you make more informed decisions, with economic and consumer credit trends from across the U.S. Listen now as Chief Economist Amy Crews Cutts and [Read More…]

Credit through the Ages: Where it all Began

Exploding volumes of data and staggering advances in analytics and technology provide financial institutions with limitless opportunities to assess and predict consumer financial behavior. This insight is then used to inform credit decisioning, acquisition and account management strategies. But where did it all begin? Just where did the concept of credit get its start? View [Read More…]

Westlake Financial Uses Dealer Intelligence Tool to Help Grow Portfolios

Equifax recently announced that Westlake Financial, a privately held financial company that specializes in the acquisition and servicing of prime to sub-prime automotive retail installment contracts, has agreed to use its dealer intelligence platform, TradeSight®, to manage and monitor its dealer relationships. TradeSight helps lenders analyze originations, current and future dealer partners and performance of [Read More…]

Military Lending Act – Credit Card Compliance

In 2006, Congress passed the Military Lending Act (MLA) to help protect active duty service members and their dependents from predatory lending. In 2015, the Department of Defense (DOD) issued a final rule amending the MLA to cover a wider range of credit products impacting traditional creditors like banks and credit unions. The DoD’s Final [Read More…]

Auto Dealers: Verify Income & Employment to Help Sell More Cars

Today, the average car buyer spends nearly 70 percent of the total purchase process online, rapidly clicking their way to exactly what they want. Dealers need to be able to create a similarly seamless, transparent and fast-qualifying experience. There is nothing more frustrating to both customer and dealer than test driving a car, get handed [Read More…]

Webinar On Demand: Military Lending Act – Credit Card Compliance

The next phase of The Military Lending Act (MLA) Final Rule will take effect October 3, 2017, requiring credit card issuers to include a determination of an applicant’s military “covered borrower” status for all covered consumer credit applications. Will you be ready? Join Equifax for an informative webinar to help you better prepare for MLA [Read More…]

Auto by Auto Experts: John Giamalvo

Auto lenders and dealers want more knowledge and faster information about their markets and customers—on and off the lot so they can quickly close deals and grow their businesses. The Automotive Solutions team at Equifax is uniquely qualified to help with this and provide insights that drive—based on their 360 degree automotive expertise and tenure [Read More…]

Final Reminder: Military Lending Act – Credit Card Compliance Webinar

The next phase of The Military Lending Act (MLA) Final Rule will take effect October 3, 2017, requiring credit card issuers to include a determination of an applicant’s military “covered borrower” status for all covered consumer credit applications. Will you be ready? Register now to join Equifax on Thursday, June 15 at 2:00 pm ET [Read More…]