Additional data sharing is key to responsible lending
Callcredit, the UK’s most innovative credit reference agency, today announced its support of the APACS data sharing initiative describing the move as “an important step towards combating over-indebtedness”.
From December behavioural data will be supplied by credit card providers to the three credit reference agencies giving lenders a clearer [...]

Number of individuals spending over 50pc of their monthly income
on unsecured debt repayments triples in one year
Key statistics
· The proportion of UK adults spending over 30pc of their income on unsecured debt payments has doubled in past year (from 7pc to 14pc)
· [...]

Credit reference agency Callcredit and DecisionMetrics, the UK’s leading provider of analytics and decision management technology, today announce the launch of Gauge, a powerful next-generation suite of credit risk scores.
Gauge will break the mould of static bureau scores with technology that is specifically designed to identify how the current economic climate is impacting credit bureau [...]