Tag: Credit Declines

Capital and Risk, Credit

Turn Credit Declines Into A Win-Win

March 25, 2021

Via: Bank Director

The pandemic has left millions of people needing credit at a time when lending standards are tightening. The result is a lose-lose situation: consumers receive a negative credit decline experience and financial institutions miss out on a lending opportunity. How […]

Retail Banking

Don’t Let Me Down: Rethinking Credit Declines

October 24, 2017

Via: Finextra

Rarely do lenders focus their attention on applicants to whom they have declined credit. This is a mistake, says Sarah Jackson, Director, Equiniti Credit Services. With the right technologies, an attractive and affordable alternative product can be quickly found, so […]