Aug 2020 | Credit Decisions | Credit risk | Uncategorised
By Posted by Toby Sewell

An Experian research report exploring trends of firms’ and consumers

The coronavirus pandemic has had a dramatic effect on global economies, driving a comprehensive and lasting shift in consumer behaviours, expectations and values.

The picture continues to evolve rapidly and, as such, lenders of all sizes face the challenge of keeping pace with the speed of change. At this point, we’re heading towards the point where the real economic impact of the pandemic hits the credit markets.

In this report, we look at the key trends, evolving attitudes and emerging post-lockdown challenges for both lenders and their customers.