CreditForecast - Canada
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CreditForecast Canada provides forward-looking insights into how economic conditions will affect Canadian consumer credit behaviour, by combining the unmatched strength of Equifax Canada’s consumer credit data with Moody’s Analytics economic modelling and forecasting expertise. By linking origination quality and performance metrics with underlying local economic drivers, our service produces unparalleled forecasts volume and quality under baseline and alternative scenarios.
Tap into exclusive forecasts based on Canadian credit bureau data
- Coverage of auto, bankcard, mortgage and personal loans products.
- Forecasts of volume, final dispositions (default, prepayment) and active statuses (current, 30 DPD, 60 DPD, 90 DPD, 120+ DPD).
- Views by origination vintage, geography (national, provincial and CMAs), credit scores and financial institution type.
- Baseline forecast with documented methodology and alternative scenarios with written narratives.
- Monthly updated credit data sourced from Equifax’s proprietary Credit Trends attributes.
- Access to economists and credit analysts.
Utilize consumer credit forecasts for a variety of applications
- Identify potential risks by score band, geography, product category and other key metrics.
- Evaluate origination opportunities through forecasts of markets and borrower segments.
- Inform strategic decisions and validate assumptions based on current and expected industry trends.
- Understand how regional economic conditions impact consumer behavior and performance.
- Assess your portfolio’s performance against the market or subgroups based on different cohorts.
- Benchmark results against stress testing and expected credit loss (CECL & IFRS 9) runs.
Leverage credible consumer credit forecasts from a trusted source
Through our unique service, lenders can significantly improve their decision making based on expected market and borrower performance trends relative to economic forecasts and historical data.
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