CCR State of the Industry Infographic - March 2016
As at March 2016, 24% of the retail credit market supplied CCR data to Equifax. With a quarter of the market participating, real benefits are emerging for lenders and consumers alike.
This infographic breaks down the attributes and benefits of the data supplied to date including:
- Access to credit to those previously underserviced
- How CCR uncovers lending relationships
- Credit score averages (negative and comprehensive)
- Growth opportunities identified by CCR
- Data improvements with more regular CCR data loads