CreditForecast.com

Exclusive forecasts and analysis of household finances based on credit bureau data from Equifax.

CreditForecast.com (www.creditforecast.com) provides insight into consumers' balance sheets earlier and at a finer level of detail than is available from other sources. A joint product of Equifax and Moody's Analytics, CreditForecast.com contains history and forecasts for a wide range of household credit, economic and demographic variables at a detailed level of geography. Users are able to examine, segment and stratify credit risk and economic data across states, metropolitan areas, and nonmetro areas of states.

Banks and those with exposure to consumer credit use CreditForecast.com to take a quantifiable, consistent and proven approach to assessing risks and opportunities in their businesses and investments. Institutions make broad use of CreditForecast.com across departments and functional areas shortening return on investment.

Applications

Profit and Loss Forecasting
Benchmarking
Business Strategy/Planning
Investing

Regulatory Oversight Compliance
Scoring
Sensitivity Analysis
Stress-Testing

Key Features

CreditForecast.com offers a full spectrum of U.S. consumer credit services—data, analysis, forecasts, alternative scenarios, and access to analysts. Providing the most extensive, detailed and consistent consumer credit data and forecasts available anywhere. The offering includes:

Exclusive volume and credit quality assessment for new origination
Key credit and blended variables not available elsewhere (including debt service burden, net wealth, loan-to-value)
Covers more than 40 credit variables including balances, accounts, trades, utilization, and delinquencies and defaults for all major consumer lending product lines:
Auto

Bankcard

Consumer finance

First mortgage
Home equity

Student loans

Total
Data can be segemented by state, metro area, quarterly origination vintage, and five risk score bands-both current and at origination.
Alternative scenarios facilitate stress testing, including a baseline most probable scenario and four alternative scenarios
Timely data updates
- Historical data updated monthly (available within 3 weeks of the previous month)
- Forecasts updated quarterly(available within a month from the end of the previous quarter and reflect new economic and credit data and their impact over a five-year horizon;), industry analysis two weeks later.
In-depth analysis for each product line and quarterly conference calls to discuss the current economic outlook for consumers

Updates

Historical data are refreshed monthly
Forecasts and industry analysis briefings updated quarterly

Additional Details

For more information please visit: www.creditforecast.com.

Consumer credit conditions were unchanged in December with small variations across products and stages of delinquency. The dollar delinquency rate rose slightly while a small uptick in defaults (including bankruptcies) was unremarkable given the volatility of the series. Reported balances were 3.5% below their year-ago level, but much of this decline is due to understated student loan balances during the months of November and December. Assuming recent trend growth in student lending over this period, the year-over-year decline in balances has narrowed to 2.6% as lending standards have eased and as demand for credit has picked up across most segments. Performance will improve modestly as the labor market recovery continues and as lending standards slowly normalize.

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