Podcasts about consumer credit

Host Emmaline Aliff is joined by economist Amy Crews Cutts, President at AC Cutts and Associates, and a panel of Equifax experts—Maria Urtubey, Tom O'Neill, and Dave Sojka—to unpack the latest signals from both hard and soft economic data. From shifting consumer sentiment to rising tariffs and the ripple effects on credit, lending, and affordability, the team explores the impact on consumers as we head into the second half of the year.

The New Zealand Bankers' Association says retrospective legislation on consumer finance tidies up the existing law to ensure all bank disclosure breaches are treated the same as those currently.

Welcome back to the Alt Goes Mainstream podcast.Today's episode is with someone who is running the long race — in investing and in running.We sit down with prolific long distance runner, Blue Owl Capital's Ivan Zinn, who has been a pioneer in alternative credit and asset-based finance.Ivan has had a long career in private credit. He started at DLJ before joining Leonard Green & Partners and Highbridge Capital. He then joined HBK before founding pioneering private credit firm Atalaya Capital Management, where he was also the CIO. Ivan and team grew Atalaya to over $10B in AUM from 2006 to 2024 before being acquired by Blue Owl Capital for $450M (and $800M with earnouts).As part of the transaction, Ivan became Managing Director at Blue Owl and is the Head of Alternative Credit, where the firm is now expanding its footprint due to Atalaya's expertise. Ivan is as prolific outside of the office as he is in it — he is a long distance runner, running 100 mile races, and was a NCAA All-American tennis player, which comes as no surprise given the discipline, focus and expertise required to excel at the activities he's done throughout his career in work and sport. He's also a Board member of the USTA Foundation.Ivan and I had a fascinating conversation about the evolution of private credit and the growth of asset-based finance. We discussed:How and why ABF has grown within the private credit ecosystem.ABF's market structure and a “trip down main street.”The potential size of the ABF market.Why moving assets off bank balance sheets can help the financial system.Why private credit is a data rich asset.Where ABF fits in a portfolio.Why consumer credit is potentially misunderstood within private credit.Thanks Ivan for coming on the show to share your wisdom and expertise on private credit and ABF. Good luck to anyone keeping up with you on a long run though!You can also see a recent Q&A with Ivan about private credit and ABF on AGM here.Subscribe to Alt Goes Mainstream to receive the weekly newsletter every Sunday and all of AGM's podcasts.A word from AGM podcast sponsor, Ultimus Fund SolutionsThis episode of Alt Goes Mainstream is brought to you by Ultimus Fund Solutions, a leading full-service fund administrator for asset managers in private and public markets. As private markets continue to move into the mainstream, the industry requires infrastructure solutions that help funds and investors keep pace. In an increasingly sophisticated financial marketplace, investment managers must navigate a growing array of challenges: elaborate fund structures, specialized strategies, evolving compliance requirements, a growing need for sophisticated reporting, and intensifying demands for transparency.To assist with these challenging opportunities, more and more fund sponsors and asset managers are turning to Ultimus, a leading service provider that blends high tech and high touch in unique and customized fund administration and middle office solutions for a diverse and growing universe of over 450 clients and 1,800 funds, representing $500 billion assets under administration, all handled by a team of over 1,000 professionals. Ultimus offers a wide range of capabilities across registered funds, private funds and public plans, as well as outsourced middle office services. Delivering operational excellence, Ultimus helps firms manage the ever-changing regulatory environment while meeting the needs of their institutional and retail investors. Ultimus provides comprehensive operational support and fund governance services to help managers successfully launch retail alternative products.Visit www.ultimusfundsolutions.com to learn more about Ultimus' technology enhanced services and solutions or contact Ultimus Executive Vice President of Business Development Gary Harris on email at gharris@ultimusfundsolutions.com.We thank Ultimus for their support of alts going mainstream.Show Notes00:00 Introduction and Message from our Sponsor, Ultimus01:57 Introducing Ivan Zinn03:49 Parallels Between Running and Business05:32 Early Days of Private Credit06:52 Post-GFC Changes in Private Credit07:31 Evolution of Atalaya's Business Model08:21 Growth of Asset-Based Finance09:38 FinTech's Role in Private Credit11:09 Importance of Stable Capital Sources21:09 Concentration Risks in Private Credit22:27 Defining Asset-Based Finance (ABF)22:53 Different Flavors of ABF27:43 Investor Exposure and Risk in Private Credit29:46 Direct Lending vs. Public Credit36:02 Consumer Credit and Perceived Risks37:36 Debunking the Cyclical Perception of Credit Risk38:22 The Utility of Credit Cards During Financial Crises38:44 The Resilience of ABS and Diversified Portfolios39:07 The Role of Data Science in Credit Analysis39:32 Surviving the GFC: A Benchmark for Credit Pools39:53 Diversification in ABF and Private Credit40:48 Selective Approach to Consumer Credit41:36 The Importance of Manager Selection in Credit Investing42:11 Private Market Transactions and Large Announcements42:40 The Journey from Atalaya to Blue Owl43:25 Challenges in Institutional Fundraising and Capital Formation44:20 The Need for Diverse Capital Sources45:43 Integration and Cultural Fit with Blue Owl46:16 The Role of Data Science and Innovation in Credit50:22 The Wealth Channel and Private Credit50:50 Private Credit as a Fixed Income Replacement52:34 Transparency and Market Structure in Private Credit55:55 Educating Investors on Private Credit57:48 The Evolution and Adoption of ABF01:00:15 The Growth of Private Credit Market01:01:28 Challenges and Opportunities in Private Credit01:03:45 The Importance of Scale in Credit Investing01:04:28 Vertical Integration in Financing01:05:26 Relentless Forward Progress in Credit Investing01:06:31 Memorable Investments and Risk-Reward Balance Editing and post-production work for this episode was provided by The Podcast Consultant.

Host Olivia Voltaggio is joined by Shandor Whitcher, Economist at Moody's Analytics, for a timely check-in on the U.S. economy. They discuss the recent shift from early-year optimism to growing uncertainty driven by shifting trade policy, rising jobless claims, and inflation concerns. Shandor breaks down the latest GDP and consumer credit data, explores warning signs from small businesses, and shares the top economic indicators he's watching for the rest of the year.Resources:CreditForecast.com is a joint venture between Equifax and Moody's Analytics. Get actionable consumer credit, economic and demographic data, forecasts, and analysis.Register for Market Pulse webinars to get relevant economic and credit insights to help your business make more confident decisions.Learn more about our Market Pulse podcast, and contact us at marketpulsepodcast@equifax.com

In this special edition episode, Michael LeBlanc and Steve Dennis address the unprecedented challenges facing retailers with Steve's "10 Tantalizing Tips for Tumultuous Times." Steve rates current market turbulence at a 9 out of 10, comparing it to COVID-era disruption but noting the added complexity of legal uncertainties around tariff policies.The news segment covers significant retail developments, starting with ongoing tariff turmoil. A U.S. court ruled Trump's tariff policies illegal, creating additional uncertainty for retailers already struggling with implementation. Steve explains how this legal challenge, combined with the administration's failure to secure the promised "90 deals in 90 days," has intensified market turbulence.Earnings season revealed stark contrasts in retail performance. While Abercrombie & Fitch, Costco, and Dick's Sporting Goods posted strong results, Target's struggles were particularly alarming—down nearly 4% compared to Walmart's 4-5% growth, highlighting a major and continuing performance gap between direct competitors. Department stores including Macy's, Dillards, and Kohl's continued their downward trajectory, with most posting negative comps. The episode also covers Hudson's Bay Company's final closure in Canada, with Canadian Tire acquiring the historic brand's IP for $30 million.The second segment focuses on ten essential tactics for survival and growth. The first foundational tips emphasize radical commitment to reality and transparency, urging retailers to honestly assess their situation and act accordingly. Steve advocates for embracing uncertainty and building agility into operations, followed by maintaining innovation through continuous testing despite budget pressures.Customer-focused strategies include choosing your passionate core of fans (inspired by Seth Godin's work), being human-centered while digitally enabled, and prioritizing storytelling over purely functional benefits. Steve emphasizes that people buy a brand's story before they buy the product.Strategic excellence tips include "editing to amplify"—narrowing customer and offering focus to boost signal amid market noise—and conducting comprehensive friction audits of the customer journey. The hosts stress distinguishing between table stakes (necessary but non-differentiating capabilities) and true differentiators that create competitive advantage.The final tip, "cash is king," proves particularly relevant given tariff impacts on cash flow. Throughout the discussion, the hosts acknowledge that guidance must be tailored to individual circumstances—strategies for Walmart differ significantly from those needed by smaller specialty retailers. The episode serves as both a reality check and practical roadmap for retailers navigating what Steve describes as an era of unprecedented uncertainty, volatility, and competitive pressure where strong players are aggressively pursuing market share opportunities. Here is a 10% off code for the CommerceNext Growth Show exclusive to Remarkable Retail listeners: REMARKABLE. About UsSteve Dennis is a strategic advisor and keynote speaker focused on growth and innovation, who has also been named one of the world's top retail influencers. He is the bestselling authro of two books: Leaders Leap: Transforming Your Company at the Speed of Disruption and Remarkable Retail: How To Win & Keep Customers in the Age of Disruption. Steve regularly shares his insights in his role as a Forbes senior retail contributor and on social media.Michael LeBlanc is the president and founder of M.E. LeBlanc & Company Inc, a senior retail advisor, keynote speaker and now, media entrepreneur. He has been on the front lines of retail industry change for his entire career. Michael has delivered keynotes, hosted fire-side discussions and participated worldwide in thought leadership panels, most recently on the main stage in Toronto at Retail Council of Canada's Retail Marketing conference with leaders from Walmart & Google. He brings 25+ years of brand/retail/marketing & eCommerce leadership experience with Levi's, Black & Decker, Hudson's Bay, CanWest Media, Pandora Jewellery, The Shopping Channel and Retail Council of Canada to his advisory, speaking and media practice.Michael produces and hosts a network of leading retail trade podcasts, including the award-winning No.1 independent retail industry podcast in America, Remarkable Retail with his partner, Dallas-based best-selling author Steve Dennis; Canada's top retail industry podcast The Voice of Retail and Canada's top food industry and one of the top Canadian-produced management independent podcasts in the country, The Food Professor with Dr. Sylvain Charlebois from Dalhousie University in Halifax.Rethink Retail has recognized Michael as one of the top global retail experts for the fourth year in a row, Thinkers 360 has named him on of the Top 50 global thought leaders in retail, RTIH has named him a top 100 global though leader in retail technology and Coresight Research has named Michael a Retail AI Influencer. If you are a BBQ fan, you can tune into Michael's cooking show, Last Request BBQ, on YouTube, Instagram, X and yes, TikTok.Michael is available for keynote presentations helping retailers, brands and retail industry insiders explaining the current state and future of the retail industry in North America and around the world.

LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featuredChris sounds the alarm on the growing chaos in the “Buy Now, Pay Later” economy, spotlighting Klarna's massive losses as a symptom of deeper financial rot. With defaults surging and Americans using BNPL for everything from Gucci to groceries, Chris breaks down why this non-recourse lending model is destined to implode—and how once the bankruptcy racket really kicks in, companies like Klarna don't stand a chance. From Swedish fintech to U.S. consumer debt, this episode exposes the fantasy economics behind delayed payments and empty wallets. www.watchdogonwallstreet.com

In our latest episode, Risk & Regulatory senior counsels Gemma Palmer and Sian Langley interview Julie Keir, Senior Policy Advisor to the Government of Jersey's Department for the Economy. The group discuss the introduction of the consumer credit regime in Jersey, which Julie has been leading on, including why changes are being made and what it will mean if they are enacted. 

Equifax advisors Jesse Hardin, Dave Sojka, Tom O'Neill, and Maria Urtubey explore the disconnect between positive hard data and declining consumer sentiment, rising concerns over tariffs, and their disproportionate impact on households and businesses. They dig into leading indicators to watch—like delinquency rates, employment trends, and consumer spending—and offer practical recommendations to help lenders and businesses navigate uncertainty. 

In this episode of In the Tranches of Structured Finance, Vadim Verkhoglyad breaks down recent credit performance and origination trends across consumer unsecured, subprime auto, and non-QM mortgages.Tune in for insights on:Strong recovery in consumer unsecured performancePlateauing trends in subprime auto, with rising loss severityWorsening impairments in non-QM despite limited lossesMinimal credit impact from recent wildfires and hurricanesGet the latest data-driven view on what's really happening with borrowers in 2025.Subscribe to our free research to stay up-to-date on the latest trends. Contact sales@dv01.co to learn how dv01 data can help you understand what's going on in the market, and to better analyze your whole loan portfolio and securitizations.

(The Center Square) – The Washington State Legislature passed a bill on Wednesday that could offer significant relief to people drowning in medical debt, but critics warn it may drive up costs for everyone. Assuming Gov. Bob Ferguson signs Senate Bill 5480, the law will prohibit healthcare providers and collection agencies from reporting medical debt to credit firms. The vote opens the door for many individuals to secure housing, but not without raising concerns about unintended consequences. Support this podcast: https://secure.anedot.com/franklin-news-foundation/ce052532-b1e4-41c4-945c-d7ce2f52c38a?source_code=xxxxxx Read more: https://www.thecentersquare.com/washington/article_3cb2146d-bf2d-4b39-acda-ce6bdf0a2d53.html

Nosipho Radebe speaks to Ayesha Hatea, Director of Research and Consulting at TransUnionSee omnystudio.com/listener for privacy information.

TransUnion Sales VP Brad Deja is in the studio this month to talk shop! Josh starts by highlighting signs of a stabilizing market, including a slower decline in loan originations and the return of prime and below prime card issuance to pre-pandemic levels. Brad inquires about market expectations for Q1, noting a number of consumers are still struggling with inflation. Craig explains why he believes consumer credit health is evening out despite these challenges. When asked about the continued decline in originations, Josh attributes this to issuers' caution — while also pointing out positive demand signs in higher credit tiers. The conversation then shifts to current trends in card balances and utilization; Brad wonders whether delinquencies have peaked yet; and finally, Craig notes the most pertinent fraud challenges facing lenders today. The information discussed in this podcast constitutes the opinion of TransUnion, and TransUnion shall have no liablity for any actions taken based upon the content of this podcast.

With President Trump's administration in full swing, we're joined by Shandor Whitcher, economist at Moody's Analytics, to break down key economic trends shaping the year ahead. Get the latest on inflation, labor market dynamics, and the Federal Reserve's approach to interest rates, along with the impact of global trade policies, emerging technologies and more. 

Gold reaches record highs amid market reactions, stalled tariffs, inflation concerns, Fed policies, and economic outlook.Download the CFO's Guide to AI and Machine Learning at https://netsuite.com/goldPeter Schiff dives deep into the latest economic trends and market dynamics. He covers the surge in gold prices, reaching new record highs, and revisits the recently averted trade war involving U.S. tariffs on Mexico, Canada, and China. He criticizes the portrayal of tariffs as a tax on foreign countries, highlighting their impact on American consumers. Peter argues that Trump's strategy on tariffs shows a lack of conviction and discusses the broader implications of these policies on the stock market. Furthermore, Peter delves into the looming threat of stagflation, underscored by weak job growth and rising inflation expectations, while critiquing the Federal Reserve's lack of contingency plans for such a scenario. He also touches upon Japan's financial crisis potential and its possible repercussions for the U.S. economy. Lastly, Peter criticizes the idea of a U.S. sovereign wealth fund and emphasizes the importance of investing in gold amidst these economic uncertainties.

The Equifax Advisory Team dives into predictions for 2025, exploring key economic themes such as tariffs, immigration reform, and the ongoing housing affordability crisis. The discussion also touches on potential policy impacts from the new administration and how unexpected events could shape economic outcomes.

The Equifax advisory team reviews the U.S. economy in 2024, discussing key developments and their implications for lenders and consumers. Jesse Hardin, Em Aliff, Tom O'Neill, Dave Sojka, and Maria Urtubey explore interest rates, inflation, housing, labor trends, and consumer credit. The Federal Reserve's rate cuts aimed to cool inflation and support affordability, yet high borrowing costs persisted, impacting home purchases and refinances. The labor market showed resilience, with steady job creation, but challenges like rising unemployment and slower hiring added complexity. Consumer behaviors reflected cautious optimism as high credit card rates and rising debt levels strained budgets. The panel revisits their 2024 predictions and look ahead to 2025's economic landscape.

In the latest podcast episode, Vadim covers notable improvements in consumer unsecured loan performance, recovery patterns in subprime auto, and challenges in the Non-QM mortgage market. He discusses the influence of seasonal trends, regional performance disparities, and how tightening credit standards impact both new and seasoned loans. Tune in to understand the current credit landscape, learn which sectors are thriving, and find out how today's trends could affect future loan performance.Subscribe to our free research to stay up-to-date on the latest trends. Contact sales@dv01.co to learn how dv01 data can help you understand what's going on in the market, and to better analyze your whole loan portfolio and securitizations.Subscribe to our free research to stay up-to-date on the latest trends. Contact sales@dv01.co to learn how dv01 data can help you understand what's going on in the market, and to better analyze your whole loan portfolio and securitizations.

Host Tom O'Neill sits down with Equifax's Chief Strategy Officer, Ian Wright, to discuss strategies for growing and protecting deposits in today's competitive financial landscape. With traditional banks, fintechs, and neobanks all vying for deposit share, how can institutions gain a competitive edge? Ian shares insights on leveraging financial data to identify valuable customer segments, including young affluents and high earners, and how banks can nurture loyalty with targeted strategies. 

Buy Now Pay Later (BNPL) has been used by 11% of US digital buyers in 2024 according to an e-marketer survey. This year, it's forecasted that there will be 86.5 million BNPL users in the US, nearly a third of the total US population with total BNPL payment volume at 94.29 billion projected this year. That's a 21% increase over 2023.

In this episode of Banking Transformed, I sit down with Robert Watts, VP of Consumer Credit at D.L. Evans Bank, a $3 billion community bank serving Southern Idaho and Northern Utah. We discuss how the bank is embracing the power of instant loan decisioning, balancing risk, compliance, and customer needs. Watts highlights the bank's extraordinary growth, transitioning from processing 100-200 loan applications annually to around 300 monthly applications, mainly due to rethinking internal processes and collaborating with innovative partners. Watts also advises other financial institutions embarking on digital transformation, recommending a step-by-step approach, embracing change, and avoiding the temptation to implement all changes simultaneously. This episode of Banking Transformed Solutions is sponsored by MeridianLink MeridianLink® (NYSE: MLNK) powers digital lending and account opening for financial institutions and provides data verification solutions for consumer reporting agencies. MeridianLink's scalable, cloud-based platforms help customers build deeper relationships with consumers through data-driven, personalized experiences across the entire lending life cycle. MeridianLink enables customers to accelerate revenue growth, reduce risk, and exceed consumer expectations through seamless digital experiences. Its partner marketplace supports hundreds of integrations for tailored innovation. For more than 20 years, MeridianLink has prioritized the democratization of lending for consumers, businesses, and communities. Learn more at meridianlink.com.

The Risk Advisor team at Equifax discusses the recent 50 basis point rate cut by the Federal Reserve and its wide-reaching impact on the U.S. economy. Topics including consumer sentiment, the housing and auto markets, and the lending landscape offer valuable insights into how these changes will affect both households and financial institutions. The panel also explores potential challenges ahead, including the federal deficit and global economic factors. In this episode: Overview of recent Fed rate cut (50 basis points)Impact of the rate cut on the U.S. economyConsumer sentiment and its effect on household spendingEffects of rate cuts on household debt, budgeting, and savingsInfluence on the housing market (mortgages, refinancing, HELOCs)Impact of rate cuts on credit card users and auto loansLending institutions' response to rate cuts (funding, credit, and lending standards)Deposits and savings rates amidst a changing interest rate environmentU.S. government's economic challenges (federal deficit and budget)Global economic factors, including conflicts and their effects on the U.S. marketOutlook for the U.S. financial system

In this episode of The Consumer Finance Podcast, Chris Willis is joined by Partners Mark Furletti and Jason Cover to delve into the CFPB's recent interpretive rule that classifies buy now, pay later (BNPL) products as credit cards under Regulation Z. The discussion unpacks the controversy surrounding this rule, the subsequent FAQs released by the CFPB, and the broader implications for the BNPL industry. The episode explores the challenges and ambiguities posed by the rule, potential compliance strategies, and the likelihood of legal challenges. Tune in for an insightful analysis of one of the year's most debated regulatory developments in consumer finance.

Equities are modestly lower across the board and unable to continue the post-NFP gains seen on Friday.Dollar is flat and attempting hold onto its recent gains, JPY firmer vs Dollar whilst the GBP narrowly underperforms.Bonds continue to extend on the post-NFP losses with the US 10yr yield now incrementally above 4%; highest since Aug 8.Crude is firmer given the geopolitical backdrop, XAU is flat whilst base metals are flat/mixed.Looking ahead, US Employment Trends & Consumer Credit, Speakers including ECB's Escriva, Fed's Kashkari, Bostic & Musalem.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

APAC stocks began the week on the front foot following last Friday's gains on Wall St owing to the blockbuster jobs report.European equity futures are indicative of a positive cash open with Euro Stoxx 50 futures +0.3% after the cash market closed higher by 0.7% on Friday.DXY has held onto most of Friday's post-NFP gains, EUR/USD is on a 1.09 handle, USD/JPY briefly traded above the 149 mark overnight.Israel continued its wave of airstrikes on Lebanon on Sunday in what was the heaviest 24 hours of bombing since it stepped up its campaign against Hezbollah, FTLooking ahead, highlights include German Industrial Orders, EZ Sentix Index & Retail Sales, US Employment Trends & Consumer Credit, Speakers including ECB's Cipollone, Lane & Escriva, Fed's Kashkari, Bostic & Musalem.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

In this illuminating panel discussion, Tom Aliff, Risk Advisors Leader at Equifax, delves into key economic concerns and forecasts with economists Amy Crews Cutts, President at AC Cutts and Associates LLC; Robert Wescott, Founder and President of Keybridge; and Mark Zandi, Chief Economist of Moody's Analytics. They explore the implications of budget deficits on interest rates, with varying views on how these factors might influence economic growth and policy decisions. The conversation covers potential Fed rate actions, the impact of global events like the conflict in Ukraine and China's economic slowdown, and the differing economic visions of the U.S. presidential candidates. 

Bob Homer, General Manager and VP of Insurance and Alliances at Equifax, and Stephen Crewdson, Senior Director of Global Business Intelligence at JD Power, discuss the sharp rise in home and auto insurance premiums, driven by both economic and social inflation, and the impact on consumer affordability and behavior. Bob and Stephen explore how insurers are responding to these challenges, including staffing reductions, ad spend cuts, and proactive communication with customers.  In this episode:·       Rising Insurance Premiums: Post-pandemic premium surge and reasons behind it·       Economic and Social Inflation: Impact on insurance costs from inflation and litigation·       Consumer Impact and Behavior: Response to higher premiums, increased shopping, uninsured drivers·       Insurer Responses: Managing affordability with staffing, ad spend cuts, communication·       Customer Trust and Satisfaction: Effect of rising premiums on trust and relationships·       Popularity and benefits of usage-based insurance policies·       Predictions and strategies for managing insurance affordabilityResources: CreditForecast.com is a joint venture between Equifax and Moody's Analytics. Get actionable consumer credit, economic and demographic data, forecasts, and analysis.Register for Market Pulse webinars to get relevant economic and credit insights to help your business make more confident decisions.Learn more about our Market Pulse podcast, and contact us at marketpulsepodcast@equifax.com

Market Volatility and Economic Indicators Update - August 7th In today's episode of Dividend Cafe, Brian Szytel discusses the market's downward trend following a previous day's uptick, with the VIX closing at 28. He provides an analysis of key indices, including the Dow, S&P, and NASDAQ, and gives insights into the bond market, highlighting the yield curve and credit spreads. Additionally, Seitel touches on the impacts of election cycles on market volatility, shares his views on option income strategies, and discusses recent consumer credit and trade deficit data. The episode emphasizes the importance of understanding market swings and maintaining a balanced investment approach. 00:00 Introduction and Market Overview 00:45 Market Volatility and Historical Context 01:41 Bond Market Movements 02:18 Credit Spreads and Market Health 02:50 Election Impact on Volatility 03:39 Option Strategies and Portfolio Management 04:20 Consumer Credit and Trade Deficit 04:39 Conclusion and Sign Off Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

The Equifax Risk Advisors team explores the complexities of the current economic landscape, discussing key topics such as the K-shaped recovery, inflation's impact on consumer sentiment, and rising delinquency rates. They also respond to recent comments by economists on trends in consumer spending, credit risk, and the nuanced effects of economic policies. 

With 93% of small business owners anticipating growth, the timing of potential Fed interest rate cuts remains a critical factor. Sarah Briscoe, lead commercial statistical analyst at Equifax, sheds light on the latest trends in small business lending, delinquency, and default rates, highlighting the unique insights from the Equifax small business indices.  In this episode: What small business indices data shows about lending activity and defaultsFactors small and commercial businesses should be watching in current economic climateState and industry level trends that stand outHow commercial businesses can incorporate small business indices into their decision making Connect with Sarah Briscoe at sarah.briscoe@equifax.comResources:CreditForecast.com is a joint venture between Equifax and Moody's Analytics. Get actionable consumer credit, economic and demographic data, forecasts, and analysis.Register for Market Pulse webinars to get relevant economic and credit insights to help your business make more confident decisions.Learn more about our Market Pulse podcast, and contact us at marketpulsepodcast@equifax.com 

Sarah Hansen, Morningstar Inc. markets reporter, discusses why the stock market is up today and what could cause it to fall. Preston Caldwell, senior US economist for Morningstar Research Services, explains why he thinks the Federal Reserve will cut interest rates more than once in 2024.Should You Invest in Spot Ether ETFs?Lululemon on Track Despite Slowdown in AmericasThe Fed's Inflation Outlook Is a Little Too PessimisticGood News from the Fed's New Inflation ReportWill the Fed Cut Interest Rates in 2024?How Investors Can Interpret the Fed Lifting its Long Run Interest RateWhy Are Stocks Hitting Record Highs How the Growing US Economy Has Supported Stocks Impressive Performance  Is Inflation Finally Trending Down Again?Why Wall Street's View of the Fed is ChangingWill Record Profits During Company Earnings Continue?What Risks Could Cause the Stock Market to Fall? Read about topics from this episode.  Spot Ether ETFs: Should You Invest? Lululemon Earnings: On Track to Meet Expectations Despite Slowdown In Americas A Cautious Fed Eyes Just One Rate Cut In 2024 Why Stocks Are Hitting Record Highs—and What Could Send Them Back to Earth  What to watch from Morningstar.Why More Diversification Doesn't Mean Better Returns Invest in SpaceX Alongside Elon Musk? Why This Closed-End Fund Is Not Worth the RideMaximize Credit Card Points for Better Trips and RewardsInherited IRA Investors Get Another Break, but the Clock Is Ticking on RMDs Read what our team is writing:Ivanna HamptonSarah HansenPreston Caldwell  Follow us on social media.Facebook: https://www.facebook.com/MorningstarInc/X: https://twitter.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/

Mona Shah, the senior director at Community Catalyst, joins Lisa Dent to talk about the Biden administration’s latest proposal to erase medical debt from credit reports as a way to help millions of Americans who are struggling to pay their medical bills.  Follow The Lisa Dent Show on Twitter:Follow @LisaDentSpeaksFollow @SteveBertrand Follow @kpowell720 Follow @maryvandeveldeFollow @LaurenLapka

Part One: Live From TransUnion's 2024 Financial Services Summit, Las Vegas In part one of the 2024 FS Summit episode, credit union VPs Heather Dufourny (Service Credit Union) and Heather Sullivan (Randolph-Brooks Federal Credit Union) sit down with Craig and Josh in Las Vegas to discuss the goings-on in the credit union industry. Craig is curious to hear which products members are most interested in, and wonders how Dufourny's and Sullivan's credit unions are responding to the financial squeeze many members are experiencing. Dufourny and Sullivan share how each of their organizations are utilizing this slow period — from preparing for an eventual refinance boom to diversifying portfolios — and agree balancing a seamless member experience with the need for increased fraud controls has been a challenge within the industry. Josh wraps things up by asking which key elements they're focusing on to draw in a younger demographic, and is keen to know how a credit union decides when to bring in new technology or systems. The information discussed in this podcast constitutes the opinion of TransUnion, and TransUnion shall have no liablity for any actions taken based upon the content of this podcast.

CreditGauge, VantageScore's monthly analysis of consumer credit health, found that in April 2024, delinquencies declined for a second straight month. To date, consumers are weathering economic pressures fairly well. But is this proof of a climb out of a delinquency-heavy phase, or are household budgets on a bumpy roller coaster ride longer-term?Atif Mirza is Vice President of Digital at VantageScore, where he manages the VantageScore suite of digital tools for lenders – CreditGauge, Inclusion360, and RiskRatio – tools that help lenders expand their footprint in ways that both serve more creditworthy consumers and also boost financial inclusion.Atif joins The SCORE to help demystify the current state of consumer credit health for lenders and provide a sense of how average Americans are managing their household balance sheets.  Listen in to learn more.Read the latest VantageScore CreditGauge insights: https://www.vantagescore.com/lenders/credit-gauge/

In this episode of After Earnings, Austin Hankwitz speaks with Affirm CFO Michael Linford, exploring the company's innovative financial products, focusing on the Buy Now Pay Later space, and its commitment to consumer financial health. The discussion highlights Affirm's strategic partnerships, revenue streams, and response to competitive challenges, as well as its approach to leveraging AI for customer service enhancement. Linford also shares his personal journey to Affirm, underscoring the company's passion for offering transparent, flexible financial solutions that align with consumer success. $AFRM 00:00 Welcome to After Earnings: Unveiling Affirm's Financial Innovations 01:00 Breaking Down Affirm's Mission and Business Model 01:37 Affirm's Approach to Consumer Credit and Financial Health 04:32 The Affirm Card: A New Era of Financial Flexibility 06:01 Decoding Affirm's Revenue Streams and Financial Health 11:35 Earnings Highlights: Affirm's Remarkable Quarter 18:58 The Affirm and Shopify Partnership: A Deep Dive 25:12 Addressing the Bloomberg Article on BNPL Debts 31:22 Debunking Myths Around Delinquencies and Credit Behavior 32:33 The Power of Controlled Spending with Affirm 35:44 Affirm's Approach to Credit Reporting and Future Plans 38:23 Navigating the High Interest Rate Environment 43:32 Leveraging AI for Customer Service and Business Efficiency 50:09 Competitive Landscape and Consumer-Centric Strategy 55:24 Personal Journey to Affirm and Career Reflections 59:59 Key Takeaways and Closing Thoughts After Earnings is brought to you by Stakeholder Labs and Morning Brew.  For more go to https://www.afterearnings.com Follow Us  X: https://twitter.com/AfterEarnings TikTok: https://www.tiktok.com/@AfterEarnings Instagram: https://www.instagram.com/afterearnings_/ Reach Out  Email: afterearnings@morningbrew.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Our all-female panel of financial experts answer your burning questions about consumer credit, loan performance, and economic trends shaping affordability. Our panelists including Amy Crews Cutts, president and chief economist at AC Cutz & Associates, and Equifax's own Maria Urtubey, Anna Fisher, and Mariette de Meillon address questions submitted during the March Market Pulse webinar. In this episode:Deep dive into credit trendsCredit scores and loan performanceUtilization and delinquenciesInsights on delinquent loans and consumer profilesPandemic impact and consumer spendingStudent loan debt and consumer behaviorStrategies: Adapting credit models post-pandemicInnovative approaches in credit risk management

Guest FJ Guarrera puts Craig and Josh in the hot seat this month with questions around recent consumer performance, trends and preferences in the card industry. The conversation kicks off with a macroeconomic view of the market since last quarter — ranging from consumer sentiments to card balances and originations to the impact consumer stress levels are having on their financial health. FJ asks how issuers should be responding to elevated risk in the marketplace, and Josh shares strategies lenders might consider to alleviate some of that pressure. Craig shares an update on the private label market; Josh weighs in on when migrating scores may start to normalize; and the conversation ultimately shifts to what issuers can be doing to better understand Gen Z preferences and behaviors — particularly given market dynamics over the last few years. The information discussed in this podcast constitutes the opinion of TransUnion, and TransUnion shall have no liablity for any actions taken based upon the content of this podcast.

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This week on Commerce Code we speak with Jeff Richardson, Senior Vice President & Head of Marketing at VantageScore, and host of The Score podcast, a source for credit score related news and analysis. VantageScore's mission is to innovate to deliver more predictive, innovative and inclusive credit score models for the US market. Today we are talking about:The most recent VantageScore market adoption study, and what it tells us about the state of credit riskLenders' attitudes towards 2024, as we come out of a bit of a rough year in 2023Innovations that are changing the market for consumer credit and credit analysis going forward

Join the Risk Advisors Group at Equifax as they discuss the current state and future trends of interest rates and their profound impact on the U.S. economy. The conversation delves into the Federal Reserve's strategies in response to inflation and economic shifts, exploring how these changes affect various sectors including banking, mortgages, and auto financing. 

In the latest podcast episode, we explore a novel method of analyzing government debt, highlighting how, despite rising federal debt, the aggregate U.S. debt as a percentage of GDP fell from 2006 to 2019 and only increased in 2020 due to substantial pandemic-related fiscal measures. This holistic perspective also reveals that while U.S. asset values have significantly outpaced debt growth, the debt-to-GDP ratio remains only slightly above its 2006 levels, at 236%. We also discuss trends in Consumer Unsecured, Subprime Auto, and Non-QM. Notably, the ongoing challenges with increased impairments and low cure rates in Non-QM, despite rising prepayment rates in 2023, as well as the seasonality trends within Consumer Unsecured and Subprime Auto.Subscribe to our free research to stay up-to-date on the latest trends. Contact sales@dv01.co to learn how dv01 data can help you understand what's going on in the market, and to better analyze your whole loan portfolio and securitizations.

Scott McMahon, alliance manager for Automotive Partnerships at Equifax, leads a panel discussion on current trends, the rising challenge of fraud in the automotive space, and the industry's outlook, with a special focus on consumer affordability and the evolving electric vehicle (EV) market. His esteemed panel includes Steve Greenfield, general partner at Automotive Ventures; Marguerite Watanabe, president of Connections Insights; and Jeremy Robb, senior director of Economics and Insights at Cox Automotive.  In this episode: Growing concerns and types of fraud in the automotive industryThe transition of the automotive industry into a more digital realmAnalysis of current economic factors influencing the auto marketPredictions on short-term consumer behaviors and market trendsEV market trends and future prospectsResources: CreditForecast.com is a joint venture between Equifax and Moody's Analytics. Get actionable consumer credit, economic and demographic data, forecasts, and analysis.Register for Market Pulse webinars to get relevant economic and credit insights to help your business make more confident decisions.Learn more about our Market Pulse podcast, and contact us at marketpulsepodcast@equifax.com

We're joined by Jeff Richardson from VantageScore to discuss how inflation is impacting households. We dig into factors contributing to rising delinquencies, the expected continuation of this trend, and the impact on different consumer segments. Additionally, we address the role of stimulus on credit scores and the strategies that organizations should have in place for confident decision-making.  In this episode: ·      Overview of VantageScore·      Factors contributing to rising delinquencies·      Two different consumer segments·      Impact of stimulus on credit scores·      Credit decisioning strategies·      Incorporating AI into decision making·      Opportunities of differentiated data Jeff hosts the SCORE podcast where he interviews the new leaders shaping the credit industry, like journalists, academics, and researchers. So be sure to check that out. Resources:CreditForecast.com is a joint venture between Equifax and Moody's Analytics. Get actionable consumer credit, economic and demographic data, forecasts and analysis.  Register for Market Pulse webinars to get relevant economic and credit insights to help your business make more confident decisions.Learn more about our Market Pulse podcast, and contact us at marketpulsepodcast@equifax.com  

Originations across many product types – mortgage, credit cards, and the like -- were all lower in 2023 than the year prior. Historically high interest rates pinched consumers and made it less appealing to open new lines of credit. Will 2024 be more of the same? What can consumers and lenders alike expect in the coming year? Is the economy's elusive ‘soft landing' anywhere in sight?Kelsey Zhu, Lead Analyst at Bernstein/Autonomous, joins The SCORE this week. Kelsey to talk us through where we are in the consumer credit cycle and why she's optimistic about what both consumers and lenders have to look forward to in 2024. Listen to Kelsey's insights here.

Jo Owens and Alexandra Byard provide the recent industry updates from January, including an overview of Consumer Credit, Conduct, and Consumer Duty.

The Equifax Risk Advisory practice explores various aspects of risk management, from evaluating and mitigating risks to implementing strategies that align with institutional goals and risk tolerance. This episode is a must-listen for professionals seeking to deepen their understanding of risk management in today's complex economic landscape. In this episode: ·      Role of the Equifax chief risk officer·      The focus on delinquencies·      Role of risk manager for cards·      Implementing policies to manage credit risk for credit card issuers·      Role of risk analyst·      How economic challenges like a rise in delinquencies impact risk analysis·      Role of chief collection officer·      How the changing economic landscape impacts the chief collection officer·      Biggest challenges for chief risk officer·      Go-to competitive advantages of credit risk manager·      Fulfilling the business goals and targets of an organization 

Dan Nathan, Guy Adami and Liz Young break down the top market headlines and bring you stock market trade ideas for Wednesday, February 7th Timecodes 0:00 - SPX to 5k? 7:00 - Yields & Banks 16:00 - Private Equity 19:30 - Does Data Matter? 26:45 - Cybersecurity & Chips 38:30 - Consumer Credit  43:20 - China 48:00 - Viewer Q&A -- Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe MRKT Call is brought to you by our presenting sponsors CME Group, FactSet & SoFi Watch MRKT Call LIVE at 1pm M-TH on YouTube Sign up for our emails Follow us on Twitter @MRKTCall Follow @GuyAdami on Twitter Follow @CarterBWorth on Twitter Follow us on Instagram @RiskReversalMedia Like us on Facebook @RiskReversal Watch all of our videos on YouTube

Forward Guidance is sponsored by Van Eck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at https://vaneck.com/MOATFG. __ Chris Whalen of Whalen Global Advisors returns to Forward Guidance to share his outlook on the U.S. banking sector for 2024. Whalen argues that consumer and business credit is faring fine, as delinquencies are rising but from ultra-low levels. He does worry that commercial real estate (CRE) loans will continue to suffer impairment as losses are realized in 2024. Whalen notes that while the decline in long-term bond yields since early November 2023 has improved banks' unrealized losses on held-to-maturity (HTM) securities, and interest rate cuts by the Federal Reserve will not help banks that much as their deposit costs will be slow to fall. Filmed on January 24, 2024. __ Follow Chris Whalen on Twitter https://twitter.com/rcwhalen Follow VanEck on Twitter https://twitter.com/vaneck_us Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ __ Use code FG10 to get 10% off Blockworks' Digital Asset Summit in March: https://blockworks.co/event/digital-asset-summit-2024-london __ Timestamps: (00:00) Introduction (00:31) Troubles In Commercial Real Estate (07:28) This Will Be A Slow-Motion Train Wreck (11:01) Consumer Credit Is Normalizing (Delinquencies Are Rising From Very Low Levels) (16:13) VanEck Ad (16:57) Updated Views On Banks' Interest Rate Exposure (24:52) The Fed Is Unlikely To Cut Interest Rates 6 Times This Year, Argues Whalen (30:13) Fed Will Stop Quantitative Tightening Sooner Than Market Expects (32:32) Lowest Comfortable Level of Reserves (LCLoR) (33:49) Discount Window, Standing Repo Facility, and Reverse Repo Facility (39:00) Medium Term, Short-Term Rates Will Fall and Yield Curve Will Normalize (41:24) Basel III Endgame (45:32) Mortgage Servicing Rights (MSRs) and Gain On Sale (51:42) Net Income Will Likely Fall At Banks - "Don't Look For Roses And Sunshine" (01:01:04) Private Credit And CLOs __ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Dow rose, posting its 12th straight day of gains and notching its longest win streak since February 2017, and Jim Cramer is breaking down the rally. First, GE Healthcare reported earnings before the bell today and CEO Peter Arduini joins Cramer to break down the most recent quarter. Then, Oddity opened for trading last Wednesday - Cramer's seeing what the debut means for the IPO market and how investors should approach the name. Plus, Cramer takes a closer look at consumer credit and what it means for the economy. Mad Money Disclaimer

This week, thousands of Reddit’s most popular communities went offline to protest the company’s move to start collecting fees for access to its API or application programming interface. One listener called in to ask what all the fuss is about. We'll get into it and answer more of your questions about how we keep track of consumer debt and the relationship between the underground economy and GDP. Here’s everything we talked about today: “Why are Reddit communities going private?” from Marketplace “Reddit goes dark” from Platformer “A developer says Reddit could charge him $20 million a year to keep his app working” from The Verge “Reddit Wants to Get Paid for Helping to Teach Big A.I. Systems” from The New York Times “Twitter will make you pay to DM people who don’t follow you” from Mashable “Federal Reserve Board – Consumer Credit from The Federal Reserve “Household Debt and Credit Report” from The Federal Reserve Bank of New York “Gross Domestic Product: An Economy's All” from the International Monetary Fund “Underground Economy: Definition, Statistics, Trends, and Examples” from Investopedia Got a question about the economy, business or technology for the hosts? Leave us a voicemail at 508-U-B-SMART or email us at makemesmart@marketplace.org.

This week, thousands of Reddit’s most popular communities went offline to protest the company’s move to start collecting fees for access to its API or application programming interface. One listener called in to ask what all the fuss is about. We'll get into it and answer more of your questions about how we keep track of consumer debt and the relationship between the underground economy and GDP. Here’s everything we talked about today: “Why are Reddit communities going private?” from Marketplace “Reddit goes dark” from Platformer “A developer says Reddit could charge him $20 million a year to keep his app working” from The Verge “Reddit Wants to Get Paid for Helping to Teach Big A.I. Systems” from The New York Times “Twitter will make you pay to DM people who don’t follow you” from Mashable “Federal Reserve Board – Consumer Credit from The Federal Reserve “Household Debt and Credit Report” from The Federal Reserve Bank of New York “Gross Domestic Product: An Economy's All” from the International Monetary Fund “Underground Economy: Definition, Statistics, Trends, and Examples” from Investopedia Got a question about the economy, business or technology for the hosts? Leave us a voicemail at 508-U-B-SMART or email us at makemesmart@marketplace.org.