Embrace Mobile or Perish
As smartphone ownership is poised to overtake the combined penetration of PCs and laptops, businesses should respond by developing mobile commerce capabilities....
Credit Cards Make You Fat
Whenever a credit or debit card is used for payment, Americans' shopping baskets contain a larger proportion of unhealthy foods....
On the CFPB, Debt Collection and Credit Worthiness
The CFPB tells us that not paying off a credit card collection account may have no effect on a consumer's future borrowing prospects. The CFPB is very wrong....
U.S. Credit Card Default, Delinquency, Repayment Rates Set New Records
U.S. credit card charge-offs fell to 3.71% in June; the 60-day delinquency rate dropped to 1.40%; the monthly payment rate spiked to 25.30%....
More on Using Alternative Data for Determining Creditworthiness
Alternative data promise to help lenders separate genuinely risky sub-prime borrowers from those who are not quite as risky....