Trends in Pandemic Consumer Lending

The pandemic has had an unexpected impact on subprime borrowers’ performance, and the lending market has continually adjusted as a result.  In today’s episode, Yieldstreet Private Business Credit Head of Underwriting Barbara Anderson and William Price, Executive Director at Hilco Global, take a deep dive into the potentially long-lasting impact of the pandemic on the consumer finance lending market. 

Key Takeaways:

[3:11] Defining subprime borrowers and assessing the key metrics of their portfolios. 

[7:48] Performance differences between subprime secured and unsecured lending. 

[10:36] The unexpected impact of the pandemic on subprime borrowers’ performance. 

[14:51] Will the consumer cash high sustain or wear off in 2021? 

[18:36] The long-lasting impact of the pandemic on store-based retailers.

[20:33] Current trends in store-based consumer finance companies. 

[23:36] Fraud prevention in online lenders versus in-person lenders. 

[23:57] Who enforces lender compliance and consistency with their own rules?

[26:17] The importance of strategically adjusting the online lenders’ requirements that generate volume. 

Take all of our content on the go with you and listen on demand no matter where you are.  Subscribe on Apple PodcastsSpotifyYouTube, or wherever podcasts are available so you don’t miss an episode.

How helpful is this content?

Share this article:

Join a community of 350,000+ members

  • Gain access to unique offerings previously reserved for the ultra-wealthy

  • Customize your portfolio for income, growth, or a balance of both

  • Get started today and earn an average IRR of over 8%

What investors are saying about Yieldstreet

Apr 2022

The due diligence, risk management, and product education materials are thorough, excellent, and easy to use and understand.

Manoj J
Member since 2019
Apr 2022

Excellent and unique selections that I can't find elsewhere.

Jonathan S
Member since 2019
Apr 2022

The platform delivers in a very concise manner. Easy to get a clear understanding at a glance from the web or mobile app.

Tim S
Member since 2021
The testimonials presented on this page have been provided by actual investors in Yieldstreet funds without compensation. Yieldstreet has selected the testimonials, and certain testimonials have been edited to remove personally identifiable information and for brevity. Testimonials were not selected based on objective or random criteria, but rather were selected based on Yieldstreet's understanding of its relationship with the providers of the testimonials. The uncompensated testimonials presented here may not be representative of other investors' experiences, and there can be no guarantee that investors will experience future performance or success consistent with the testimonials presented.

The Yield

Our weekly podcast providing ideas about how to make money work for you and bring you closer to your dreams.

Since inception, over $2.5B has been invested on Yieldstreet

Join today for free to access alternative investment opportunities.