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Archive of posts tagged vaule

Multiple Credit Relationships Lead to Fewer Delinquencies

Posted by Renee West on 21 July 2010, 11:15 am

A new study developed by TransUnion finds that consumers with multiple account relationships with the same lender outperform consumers who maintain only one relationship with that lender, with the biggest improvements in delinquencies seen among mortgages. The Chicago-based credit reporting firm looked at data from six super-regional financial institutions — three banks and three credit …

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Filed under Market analysis | Tagged account, active customer acquisition, auto loans, borrower, business unit, consumer accounts, consumers, credit, credit access, credit accounts, credit cards, credit relationships, credit risk, credit score, customer acquisition, data, decrease, delinquencies, delinquency, delinquent, economy, fewer delinquencies, financial, financial services, first mortgages, HELOCs, home equity lines of credit, home-equity, improvements, lender, lending, lending strategy, lines of credit, loyalty, loyalty effect, mortgage, Mortgages, multiple account relationships, multiple relationships with the same borrower, performance, profitable, recession, recessionary pressures, relationships, short-term liqidity crisis, study, target lender, tradelines, TransUnion, vaule | Comment

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I am a broker associate with Prudential California Realty in Corona del Mar and Newport Beach, CA. I specialize in waterfront and ocean and bay view homes in our area.
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