Affordability

How insurance contributes towards financial inclusion and affordability

Financial inclusion, including affordability, is a core priority of regulators and businesses. Being able to offer the best-in-class experience and make accurate decisions is integral and an ongoing...

Blog - May 2019
Understanding the supply chain of a decision

How insurance contributes towards financial inclusion and affordability Financial inclusion, such as affordability, is a core priority of regulators and businesses and is causing change. With changes...

Whitepaper - May 2019
couple-in-car-dealers
Changing the game in equipment finance and helping businesses get…

Q&A with PEAC Finance’s Stephen Fenton At Experian our mission is to help enable our customers to power data-driven opportunities that support innovation and better customer experiences....

Blog - May 2019
5.8 are credit invisible, and 2.5 are excluded from finance…

In this blog, we explore how the lending industry can make credit more inclusive. More than 5.8 million people in the UK are excluded from large parts of the credit market, either because they have...

Blog - Apr 2019
couple-in-cafe
Rising persistent debt and arrears stems a need for lenders…

The financial services sector has a huge opportunity to better understand each applicant and customer today. The rise of data, and requisite analytical and technological power, provide new...

Blog - Feb 2019
Two colleagues having a conversation in the office.
Age, attitudes and the economy: a look at the factors…

When assessing affordability, the more you know about an individual’s financial situation and behaviours the better. But to understand how their affordability might change over time, and how you...

Blog - Jan 2019
Faster, quicker customer decisions – now you can

Consumer lending has always been a competitive marketplace, but in recent years the level of competition has increased. Customers have easy access to product and price comparison sites, meaning price...

Blog - Oct 2018
Understanding the tipping point of vulnerability

Today there is an opportunity presented by data and analytics to better understand an individual’s circumstances. To be able to make decisions that are built on more enhanced insight, to therefore...

Infographic - Sep 2018
Risk in an open-data world

In our last White Paper: Rethinking affordability, we explored the increasing role of affordability in lending. At Experian, we welcome the FCA’s distinction between credit risk and...

Whitepaper - Sep 2018
10 steps for gaining consent in an open-data world

From the GDPR to Open Banking, the PSD2 to the FCA’s new emphasis on affordability, regulators and government have led a systemic shift towards empowering the customer. Today it is customers, not...

Blog - Aug 2018
NEWS: Bank of England announces interest rates rise. What do…

On 2nd of August the Monetary Policy Committee (MPC), voted to increase interest rates to 0.75% – rising by 25bps, as per our forecasts. This makes interest rates the highest they have been in...

Blog - Aug 2018
Open data can now be categorised to bring value that…

“To extract value from open data, you need to categorise it. When you do, the results are...

Blog - Jul 2018