Original article published by Auto Finance News, Sub Prime, October 27, 2020

 

While the majority of financial news during the pandemic seems to be mostly doom and gloom, the team at Experian offers data that shows another side to the story.

Against the backdrop of the pandemic, we are seeing promising signs of responsible credit management, including lower credit card balances, decreased utilization rates and fewer missed payments — especially among younger consumers,” said Alex Lintner, group president Experian Consumer Information Services.

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