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Why CCR?

Article
25 Aug 2017

Studies have shown that credit scores built from positive (CCR) data are significantly more predictive that those built on negative credit data.

During CCR transition, lenders will be seeking confirmation that scores provided by Credit Reporting Bodies (CRB’s) such as Equifax are performing adequately on their population. Performance of scorecards will be particularly important for internal governance and assurance to various stakeholders, who will be concerned about the risks inherent in a changing credit reporting environment.

Article
15 Jun 2017

Adverse selection will become a reality with the increase in consumption and supply of CCR data - but what exactly is it?

Article
07 Jun 2017

Negative data alone does not always provide the complete picture of an individual's creditworthiness. Utilising bureau data can help lenders better manage risk and improve customer experience.

Article
25 May 2017

As of April 2017, the percentage of CCR loaded accounts increased to 27% - the first increase since early 2016.

Article
09 May 2017

As we progress on the transition to Comprehensive Credit Reporting (CCR), there are learnings from other markets we can use to help us on our own journey.

Article
18 Apr 2017

Comprehensive Credit Reporting (CCR) provides new insights which give you more knowledge to help you choose where to focus your collections efforts.

Article
31 Mar 2017

As of January 2017, 26% of the retail credit market have supplied CCR data to Equifax.

Article
07 Mar 2017

Credit demand statistics show trends with new market players contributing to growth.

Article
28 Feb 2017

Comprehensive Credit Reporting (CCR) gives more insight on what your customers are doing with other lenders than ever before.

Article
13 Feb 2017

With any business change, preparation is key. Read on for tips on how to prepare your business for the transition to Comprehensive Credit Reporting (CCR).

 

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