According to the latest Q3 2018 TransUnion’s Industry Insights Report the back half of 2018 has been a good year for sub-prime borrowers looking for access to credit. In the year between Q2 2017 and Q2 2018, sub-prime consumer loan originations grew 28 percent between Q2 2017 and Q2 2018 across the...
In lending, as in everything, there is risk, and there is reward. Technology has its lures for firms seeking to gain an edge in determining risk and reward. AI and machine learning, in general, are supposed to help uncover untapped opportunities. To that end, FinTechs...
December 07, 2018
A new report has revealed that auto sub-prime loans have reached their lowest level in 11 years. According to Experian’s Q3 2018 State of the Automotive Finance Market report, sub-prime and deep sub-prime lending comprised 21.19 percent of the market, down 1.5 percent from a year ago. The decrease is mostly due to high growth rates […]
