Market Pulse: Enhancing Account Management with a 360-Degree View of Consumer Profiles

Understanding consumer finances has never been more critical. While inflation has been easing, it remains high and is now costing the average US household an additional $460 each month (according to Moody’s Analytics). Furthermore, higher prices have effectively erased the pay increases American workers have secured in the current tight labor market. Today’s economy means portfolios may face risks such as shrinking wallets, rising delinquency, and the expected resumption of student loan payments. Given this landscape, having insight into which of your customers is feeling the impact of economic changes will be essential not only for understanding your risk level but also for identifying growth opportunities.

Join our July 20 Market Pulse webinar, where we address pressing issues surrounding credit scores, consumer profiles, and the evolving credit landscape while exploring practical solutions and effective strategies to navigate this dynamic environment with confidence. Delve into the key data that comprises a 360-degree view of a consumer’s profile, starting from the student level, and examine the far-reaching impact of pandemic-related stimulus on debt repayment. We discuss crucial considerations and available tools for lenders, highlighting the power of trended data in enhancing credit scores and enabling informed decision-making. Don't miss this opportunity to put insights into action - whether it’s enhancing your current account management practices or identifying new ways to manage risk and find growth.

Speakers include: Rob Wescott, President, Keybridge; Maria Urtubey, Risk Advisor at Equifax; Tom Aliff, Risk Advisory Leader at Equifax; Rikard Bandebo, Chief Product Officer at VantageScore; and Tommy Lee, Senior Director at FICO.