Are we heading for a recession in 2023? And what should lenders do to prepare for a year of uncertainty? We interview Cris deRitis, deputy chief economist at Moody’s Analytics to uncover those opportunities in the lending industry.

Episode Highlights:

1:30 – Moody’s Analytics perspective on whether there will be a recession in 2023

2:45 – Consumer spending patterns 

7:45 – How can lenders adjust their practices to find opportunities

9:39 – Lenders should also think long-term like demographic shifts

RESOURCES:

CreditForecast.com is a joint venture between Equifax and Moody’s Analytics. Get actionable consumer credit, economic and demographic data, forecast and analysis. 

Global Credit Trends: Explore global credit and financial data insights. Delivering trends in credit risk, debt, utilization and delinquencies from around the world.

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