Millennial Lending: Adulthood Means More Personal Debt

There’s one fact about millennials that may be lost upon most, except for an increasing amount of lenders: all members from the generation known for college debt are now officially adults.

That’s according to Pew Research Center, which uses 1996 as the cut-off year of birth defining the generation.

Moneylenders may not be surprised because they’re the ones underwriting a growing share of personal debt to young adults. While building a

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    Generational Divide: How Age Affects the Preferences and Trends of Alternative Financial Services Users

Generational Divide: How Age Affects the Preferences and Trends of Alternative Financial Services Users

The more lenders know about their customers, the better equipped they are to align those consumers with the most relevant products and services.

In the alternative financial services (AFS) market, demographic data is essential to help define who consumers are, including the average age of borrowers, the type of credit channels and products they prefer (segmented by generation), average incomes by product type and how credit scores correlate with these

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LendIt 2018

Gaining the Competitive Advantage with Comprehensive Data
Leaders from Clarity Services, a part of Experian, provided compelling tips for capitalizing on expanded lending practices at this years LendIt Fintech USA 2018. We would like to thank all of those who attended the breakout session and for considering enhanced ways to do business with underbanked consumers.

Andrew Sheehan, General Manager at Clarity Services, and Angela Granger, Vice President at Experian Decision

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    Clarity Trends Report Presents the Evolution of the Subprime Market

Clarity Trends Report Presents the Evolution of the Subprime Market

Clarity Services, the subprime industry’s largest credit reporting agency, today announced the release of its 2017 Subprime Lending Trends report. More than just a demographics report, it offers exclusive insights into emerging consumer trends that can help lenders reach the consumer where they are.

The trends report goes beyond simply offering insight into the subprime consumer; it focuses on the broader alternative lending market. Do online or storefront customers take

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nonPrime101.com Helps Researchers and the Public Better Understand Non-Prime Consumers

Press Release 10/16/2013

CLEARWATER, FL – October 16, 2013 – Clarity Services, Inc., the leading credit bureau providing fraud detection and credit risk management solutions for Middle America, introduced nonPrime101.com in August 2013 to help provide access to research studies and articles focused solely on non-prime consumers.

“Clarity believes the first step in helping non-prime consumers is understanding their credit usage patterns,” said Tim Ranney, president of Clarity Services. “nonPrime101 provides

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