How Lenders Can Find the Hidden Risk in their Portfolio

In this time of economic uncertainty, it’s important that lenders focus on account management strategies to detect hidden risk in their portfolios. In this episode, our Risk Advisory panel discusses the most important thing lenders need to be doing right now when it comes to account management.

 

In this episode:

 

·      Understanding the value of a customer

·      Ensuring your account management strategy compliments your adjudication strategy

·      Frequency of account monitoring to minimize risk

·      Is the cost and effort worth it?

·      Should you consider alternative data?

·      How lenders develop new strategies for unique situations, such as the student debt repayments

 

Resources:

 

Fintech Solutions: Discover how our rich data, predictive analytics and cloud-native technologies can help fintechs successfully target and acquire more customers, mitigate fraud and make better business decisions.

 

CreditForecast.com is a joint venture between Equifax and Moody’s Analytics. Get actionable consumer credit, economic and demographic data, forecasts and analysis.

  

Register for Market Pulse webinars to get relevant economic and credit insights to help your 

business make more confident decisions.

 

Learn more about our Market Pulse podcast, and contact us at [e-mail]

 

 

What is Market Pulse?

Market Pulse is a monthly podcast by Equifax, in partnership with Moody’s Analytics. Equifax hosts bring you interviews with industry experts on the latest economic and credit insights that can help drive better business decisions. Whether you’re in financial, mortgage, auto or another service industry, we help make sense of the latest economic conditions that impact you. This podcast series supplements our Market Pulse webinars, which occur on the first Thursday of each month.