Webinar recording

Early Warning Signs of Default Risk

Engage first-time defaulters early with proactive account management strategies

The sudden rise in first-time defaulters (FTD) illustrates the financial stresses and struggles many Canadians are now facing amid ongoing economic headwinds, including inflation and rising interest rates.

In this webinar, we discuss the importance of devising proactive account strategies and better managing FTD customers to support their long-term value. Topics covered included the value of:

Combining traditional credit data and alternative data sources for a more robust picture of a customer's current creditworthiness and near-future affordability
Quickly recognizing potential risks to respond to opportunities with improved results
Implementing automation technologies to streamline the process of identifying and managing potential defaulters

Watch now to gain actionable strategies for growth in a volatile environment.

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Early Warning Signs of Default Risk

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