Affordability - A Moving Target
The biggest headache for most organizations is demonstrating compliance.
Affordability checks, specifically for indebted customers, no doubt has a huge impact, on all the parties involved. In order to drive a right outcome for customers, creditors and debt management servicers - there has to be a better way than lengthy manual form filling. Fortunately, assessing affordability is getting easier! Learn more from this webinar. Watch Now! Did you know: The biggest headache for most organizations is demonstrating compliance. Only 45% of organizations can complete income and expenditure analysis in less than 20 minutes. 72% of organizations believe that they need to refresh the affordability assessment with the customer every 3 or 6 months. In this webinar, you will hear about Affordability Assessment innovations and developments that can affect you and your customers. You will learn about a new, forward-looking analytic that captures consumers’ sensitivities to incremental card debt, gain insights into behavioural profiles of sensitive consumers, and see how lending decisions can be improved with this knowledge.
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