Three Trends That Will Impact Consumer Lending in 2024

Stimulus payments and loan forbearance boosted credit scores during Covid. But do these 'inflated' scores reflect actual creditworthiness?

THE FINANCIAL BRAND

Stop fraud before funds leave your institution with a proactive fraud strategy. Get the paper from Apiture. 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? Read article. Why Alternative Credit Data Boosts Loan Decisions Alternative credit data is becoming a bigger part of how lenders make their decisions. Here's why it's a growing indicator. Read article. Auto Lenders Shift Gears in a Race to Outrun Covid Aftereffects Rising auto loan delinquencies are colliding with underwater loans when vehicles are repossessed. Covid's impact hasn't yet faded. Read article. Time is Money. Save Both While Modernizing the Retail Experience A branch refresh is a cost-effective way to enhance the banking environment and remain competitive. Read more. How to Turn Frontline Staff Into Superior Digital Advocates Frontline staff are critical in digital transformation initiatives. But to turn staff into effective digital advocates, banks need to provide them with... Learn more.

Financial Brand Forum Agenda Registration Info

If your company would like to send an email to The Financial Brand's 50,000 subscribers in the banking industry, click here. To continue receiving email newsletters from The Financial Brand, please add editor@thefinancialbrand.com to your address book and/or safe list. All content and articles © 2024 by The Financial Brand, based in Seattle, WA 98101. You can review The Financial Brand's privacy policy here. To stop receiving email newsletters from The Financial Brand, please click here.