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Can address stability predict credit risk?

December 12, 2016

Moving residences is an inevitable life event. Everyone does it sooner or later, some more than others. The move can be exciting news: relocating for a new job, buying a first home, retiring to a warmer climate. It can be a bad circumstance: divorce, foreclosure, eviction.

Whatever causes us to pack up, we know it will disrupt our daily lives while we leave one location and get settled in another.

Can moving itself—and how frequently and how far someone moves—be an indicator of credit risk?

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