Credit Invisibles

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Canadian Lenders Association, is proud to host a series of workshops addressing tools, policies and fintech topics. The second in our series is on credit invisibles and "Credit Deserts" across Canada hosted by Perc Canada and TransUnion. Between 2009 and 2014, the percentage of Canadians using payday loans more than doubled from 1.9% to 4.5%. During that time, Canadians became the most indebted consumers among the members of the G7 (roughly, the 7 richest countries on earth), as household debt to income increased from 145% to 160%, and in 2017 hit a record high of 165%.

Sponsors

Agenda

8:00 AM

Registration & Networking Breakfast

8:30 am

Setting the Stage: Credit Invisibility

Michael Turner is the CEO and President of Policy and Economic Research Council (PERC).  He sets the stage on the topic of Credit Invisibility. The lack of lender access to predictive information about borrower intentions to repay dramatically constrains financial inclusion.   PERC’s mission is to reduce greatly credit invisibility in Canada, the US and globally. The organization works with top policymakers to ensure that national and state laws permit lenders access to necessary consumer data, and that individual rights and protections are in place. PERC is a partner of the Canadian Lenders Association.

  • Michael Turner

    President

    Policy and Economic Research Council

    Speaker
8:50 am

Credit Invisibles, Credit Deserts

This panel discusses how the lending industry is set to service credit invisibles and credit deserts across Canada.

Between 2009 and 2014, the percentage of Canadians using payday loans more than doubled from 1.9% to 4.5%. During that time, Canadians became the most indebted consumers among the members of the G7 (roughly, the 7 richest countries on earth), as household debt to income increased from 145% to 160%, and in 2017 hit a record high of 165%.

  • Michael Turner

    President

    Policy and Economic Research Council

    Moderator
  • Jason Appel

    EVP & Chief Risk Officer

    goeasy

    Speaker
  • Glenn Waine

    Head of Data Science

    TransUnion

    Speaker

Venue

Date

June 5th, 2019

Time

8:00am – Registration
8:30am – Start
11:00am – Finish

Venue

Blake, Cassels & Graydon LLP‎
199 Bay St suite 4000, Toronto, ON M5L 1A9

2019 Innovative Lender Awards

Congratulations to Eva Wong and Andrew Graham for winning the 2018 LEADER OF THE YEAR leadership award.  The Tiffany & Co. crystal award was presented on Nov 21st at the Lenders Summit.

We are now welcoming 2019 Innovative Lender of the Year nominations. Innovative Lenders are defined as: Executives and thought leaders who think outside the box to develop and foster innovative concepts and strategies that help move the overall lending industry forward.

We invite you to nominate an innovative lenders for this award. Award recipients may include:

  • Solution providers servicing the lending community
  • Executives of B2B and B2C lending companies
  • Industry thought-leaders and rainmakers

Additional criteria will encompass some or all of the following three areas (please be as descriptive as possible in each response):

  1. Emerging lending technology solutions or business models that executives helped to advance.
  2. Specific innovative lending strategy or idea conceptualized and/or launched.
  3. Business results or positive outcomes, or expected results, following a successful implementation of the innovative strategy or concept.

We’ll also ask for any additional insights or comments related to the nominee’s qualifications for receiving an Innovative Lenders Award.

To nominate an executive click the NOMINATE link

Nominate for Award