Experian: U.K. better positioned to weather storm than U.S.

Experian, the biggest credit information agency in the world, said U.K. banks started tightening lending standards two years ago, putting Britain in a better position to ride out the financial crisis than the U.S. Experian CEO Don Robert said the quality of credit portfolios in the U.K. is holding up, while the company has seen the housing market woes spread to credit cards and other areas of the market, resulting in "real evidence of the weakening consumer in the U.S."

View Full Article in:

Telegraph (London) (tiered subscription model), The

Published in Brief: