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Data show terms improving from the consumer standpoint, though some metrics hit record highs.
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November access tightens across channels, most lender types, Cox says.
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October loosening makes three-month trend, but access still tighter than a year ago.
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Deal designed to offer income, ID verification services to lenders via AI-powered platform that allows them to make faster decisions, reduce risk.
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David Lee’s global career includes a track record of fiscal project management and revenue generation.
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Budgetary pressures setting in, and lenders realizing importance of digitizing the entire transaction process.
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Deal provides advanced verification, fraud-detection capabilities to Canadian lenders.
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June’s loosening follows spring banking crisis, though access is still tighter year-over-year and compared to prepandemic.
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Extending credit to high-risk customers is harder, but there are ways to get those customers into loans.
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The category grabs greater share of market as consumers look to save money in challenging financial conditions.
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