While it’s impossible to predict with certainty the precise nature of the next recession, lenders can plan strategies around the impact of the downturn – and what might happen to consumers’ ability to pay.
In this webinar, we discuss how lenders can prepare to mitigate risk and weather the storm regardless of its severity. Watch the webinar to learn about:
- An approach to forecasting deterioration in delinquency rates at the portfolio level based on macroeconomic and portfolio metrics
- A scenario planning methodology to help lenders develop tailored contingency strategies for different levels of performance degradation
To watch other webinars and learn how you can address the impact of COVID-19, visit https://www.transunion.com/business-covid-19.