Kevin King

Preparing now with the right products to target this soon-to-be debt relieved group could serve banks and credit unions well in 2022 and 2023.

While prime borrowers hesitated to take on new obligations, credit-invisible Americans quickly reengaged with lenders in a big way.

Assessing credit risk is an imperfect science. Undoubtedly, some creditworthy consumers are denied because their credit score underestimates them, while others land offers because their score overestimates their standing—and might reflect higher risk if their full […]