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Home Business & Real Estate

Experian posts stronger revenue, flags altering lender behaviour in UK By Reuters

November 16, 2022
in Business & Real Estate
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Experian posts stronger profit, flags changing lender behaviour in UK
© Reuters. FILE PHOTO: Experian brand is seen on a smartphone in entrance of displayed inventory graph on this illustration taken, December 1, 2021. REUTERS/Dado Ruvic/Illustration

(Reuters) – Experian (OTC:) posted the next first-half revenue on Wednesday because the world’s largest credit score information agency was boosted by regular demand for borrowing throughout its markets amid a cost-of-living crunch within the UK.

The London-listed firm stated volatility in Britain’s financial coverage led to some modifications in its shoppers’ behaviour, with lenders typically focusing extra on risk-based evaluation and tweaking their standards for brand new buyer acquisition.

(This story has been corrected that say that Experian is the world’s largest credit score information agency, not bank card agency in first paragraph)



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