UK lenders seek more data as consumers squeezed, Experian says ...Middle East

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UK lenders seek more data as consumers squeezed, Experian says
source : Devdiscourse ( Middle East ) () 27
Britain's lenders are seeking more data on the finances of potential and existing customers as a cost-of-living squeeze raises the risk of borrowers struggling with their debts, credit data firm Experian said on Wednesday. Experian's key customers include banks, non-traditional lenders and insurance providers, which use its credit reports and scores to analyse and make decisions around credit risk, fraud prevention and lending terms.

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