Money Life with Chuck Jaffe: “CreditGauge™ Data Shows Inflation Hit Subprime Borrowers the Hardest”
VantageScore®

Published June 16, 2023
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This week, Susan Fahy, EVP and Chief Digital Officer at VantageScore spoke with Money Life’s Chuck Jaffe on the most recent VantageScore® CreditGauge™ insights, and what they reveal about the economic recovery and who inflation seems to have impacted the most – subprime borrowers.

Within the CreditGauge analysis, in April, overall delinquencies continued to rise compared to the same period last year, and in particular, early-stage delinquencies (the 30-days past due category) are up 20% year-over-year for subprime borrowers. What the data shows us is that folks in the lower-end credit tiers, are definitely struggling — inflation has hit them the hardest.

Listen to episode below:

Listen to the full interview here: Money Life with Chuck Jaffe

Read the most recent VantageScore® CreditGauge™ insights here

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