Equifax reports an increase in 60 Day Delinquency Rates in bankcards for Q3' 2023 vs Q2'2023.
Quilo's loan syndication network can be a vital resource in this context. By leveraging Quilo's sophisticated analytics and monitoring tools, financial institutions can gain deeper insights into credit trends and consumer behaviors, enabling them to make more informed decisions about their credit offerings.
Quilo can help identify and assess the risk associated with delinquencies, allowing for proactive management of credit portfolios. By offering a comprehensive suite of tools that include real-time reporting, risk assessment, and predictive modeling, Quilo stands as an ally for small banks and credit unions aiming to optimize their strategies in the face of evolving credit trends.