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Consumers in today’s economy are facing rising interest rates and cost of living, whilst their pay is frozen or improving at a lower rate. With this backdrop in place, coupled with increased regulatory focus on conduct, it has become more important than ever for lenders to incorporate affordability and suitability into their customer assessments.
In our free guide, you will discover:
- The affordability challenge faced by lenders and the regulatory and wider macroeconomic factors that are driving this
- The Important considerations necessary when implementing a robust affordability strategy into your assessment process
- The Experian affordability solution that helps in treating consumers fairly and keeping your company compliant