🇺🇸 Fed’s Unemployment Rate Forecast And its implication for consumer credit risk. 👇 When Fed hiked the rate by another 75 bps on 9/21,...

When I started to work in the US market in 2015, it took me a while to figure out that a preapproval does not necessarily mean you will...

*UPDATE*: Student loan pause extended again to 12/31. Up to $10K student loan/$20K Pell Grant will be canceled. 43M borrowers will...

Even with some good US data points: July inflation drops to 8.5% July added 528K jobs The horizon is still cloudy with multiple risk...

Apple’s Breakout (from the existing financial system) project was first reported by Bloomberg back in March 2022. Since then, regulators,...

Q2 saw the steepest interest rate hike. How is the US household credit doing? Here is the latest quarterly report from the Fed: 👇 US...

FICO/Experian BNPL Study (Continued) How would multiple BNPL loans impact a FICO score? Suna Hafizogullari, senior director, FICO Scores...

Interest Rate Effect on Mortgage The Q2 earnings reports provided a glimpse of the latest impact of the interest rate hike. Q2 ‘22...

BNPL Regulation Update - Slowly, But Surely. The window of regulatory arbitrage is gradually closing in several markets. 🇦🇺 Australia...

With the possible imminent recession, how would the US banks fare? Based on the stress testing of the 34 largest US banks, they have...

Probably prompted by the fast-moving macro economy, a few connections recently asked me where to get credit card benchmarking metrics....

Even with rising recession risk, In the most recent financial quarter, Big 5 Canadian banks continued to release reserves. In Q2 F’22,...

Apple rolled out its own BNPL product - “Apple Pay Later”. It is a questionable move, given the timing and the strategic shift. 🚩...

As Professor G gave his quick take on BNPL, He mentioned credit card guardrails. What guardrails? Many wonders. There are 2 things that...

As the stimulus benefit gradually recedes, consumer delinquency will continue to normalize/increase in 2022 - first with the subprime...

Your model is complicated, But you still need to explain it. That is the latest reminder from CFPB. ECOA mandates lenders to explain...

Given the rapidly shifting market lately, I couldn’t help thinking about the words I heard back in 2008, From the CRO of a large US...

My last post on BNPL’s impact on FICO drew strong interest from the community. Why do the two recent studies show conflicting results? I...

In the eventful Q1 2022, How is the US household credit doing? Here is the latest quarterly report from the Fed: US household debt up...

BNPL begins to show up on credit reports. What is the impact on the FICO score? FICO gives the latest analysis. 👇 Using Experian data...