Reduce your risk of lending loss
Economics Dynamics reduces the risk of lending loss by providing advance notice of changes in the economy that impact delinquency rate of loans. Having such advance notice allows you to take proactive measures to reduce your risk of loss from eight major types of consumer and commercial loans.
Lending is the lifeline of the banking industry and therefore, reducing the risk of loan charge-off and delinquency is critical to maintaining the financial health of the institution. However, lending decisions are challenging because they are based on current economic conditions, which are dynamic in nature and can change fairly rapidly. Thus, it is critical to have an economic projection, specific to each loan type, prior to making a decision on the risk level of the loan and the ability of the lending entity to pay it back.
Economics Dynamics is a subscription-based monthly forecast and lending-risk analysis of eight major categories of loans.