Should Banks Beware Credit Score ‘Grade Inflation’?
Stimulus payments and loan forbearance boosted credit scores during Covid. But do these 'inflated' scores reflect actual creditworthiness?
Articles about loan growth strategies and how banks grow lending portfolios, including mortgages, home loans, auto loans, personal loans that generate interest income.
Cheat Sheet: Waits of over an hour stymie student loan borrowers seeking readjustments to payments under new relief effort.
Stimulus payments and loan forbearance boosted credit scores during Covid. But do these 'inflated' scores reflect actual creditworthiness?
Alternative credit data is becoming a bigger part of how lenders make their decisions. Here's why it's a growing indicator.
Rising auto loan delinquencies are colliding with underwater loans when vehicles are repossessed. Covid's impact hasn't yet faded.
Thanks to rising interest rates, CRE lending section has faced some tough times nationwide. But there are some key steps banks can take to make CRE loans thrive.
Cheat Sheet: Waits of over an hour stymie student loan borrowers seeking readjustments to payments under new relief effort.
Delinquencies will rise, and the value of many foreclosed vehicles financed during COVID are underwater.
Will Federal Reserve policymakers pull off a 'soft landing' in 2024? Here are four surprising charts indicating sources of financial strength among consumers across the country.
As payment options proliferate, banks and credit unions need to integrate them seamlessly into consumer loans.
Cheat Sheet: For expenses from credit card debt to medical bills, consumers are embracing unsecured loans. Do they help – and how could they hurt?
AI can drive better decision making in lending by helping banks and credit unions find the sweet spots among credit risks.
Industry experts explore practical strategies that businesses can implement to overcome these economic headwinds.
Despite some headwinds with electric vehicles in the near term, BofA is looking ahead to EV sales picking up, thanks to improvements in charging stations and government incentives.
This eBook explains how to grow low-cost core deposits while creating primary financial institution relationships.
Read More about Ready to start creating real deposit growth that lasts?
This webinar with Jim Marous and David Feuer, CPO of Galileo Financial Technologies will show real-world examples of how banks took a phased approach to start their digital journey.
Read More about How Modern is Your Core? How FIs Can Start Their Digitization Journey
As deposit pressure mounts industrywide, a study of banks with under $2 billion of assets makes a case that bigger marketing budgets can help.
Offering unsecured personal loans and point-of-sale financing is uncommon for community banks and credit unions, but a fintech partnership is making it possible for a growing number of them.
There's no catch. Executives at several credit unions share what they like about the no-interest, no-fee loans, which are designed to be offered as an employee benefit.
A wave of home equity lending helped buoy the banking industry as mortgages dried up, but fresh data shows the tide is receding.
How can banks and other lenders extend credit access to a larger share of the population safely and efficiently? Data and technology make it possible.
Amid a funding crunch, many fintechs are rushing to turn a profit. Current's CEO shares his plan to get there by adding loan products and another 1 million customers.
The latest card and personal loan trends show that even Gen Zers, long averse to credit cards, are upping their usage, thanks to inflation.
The regulatory response to the regional bank crisis of spring 2023 could weigh heavily on the lending ability of larger institutions.
Upgrade, a fintech offering cards & other loans, thrives by evaluating credit differently than the many banks & credit unions it works with.
Banks and credit unions can — and should — prudently grow lending regardless of the economic indicators, especially in the credit card business.
Love is a choice. Do it right or wing it? One yields long-lasting relationships. The other? Learn how bankers use data to do it right.
Read More about How to Love Your Account Holders in the Digital Age
Unlock secrets to building enchanting consumer connections in this eBook.