Delinquencies in January 2024 spiked to the highest level in nearly four years as some consumers dropped out of the Prime credit tier into Subprime due to inflation-induced economic stress, according to VantageScore Solutions, LLC.
Consumer confidence in the U.S. fell in February 2024 for the first time in four months, Bloomberg reported, as Americans’ views deteriorated about the outlook for the economy, the job market, and financial conditions.
Demand for credit is expected to grow throughout 2024. As we navigate the evolving landscape of financial opportunities, this is a pivotal year for affiliates looking to maximize their earnings from subprime financial offers.
Understanding the unprecedented opportunities presented by subprime financial offers has never been more crucial. That’s why we’re excited to announce our comprehensive white paper: “2024: The Year of Subprime Financial Offers for Affiliates.”