Rates are going lower and so I assume anyone who bought anything at a high rate (post COVID) is going to re-finance. Who benefits from all that work? I dont mean who will sell more stuff (cars, houses, etc.) but who benefits from the massive amount of work that will be going thru the system – not to mention all the new loans being pushed as rates come down.
I have owned FICO for a long time and it has been a MONSTER – my guess is credit checks will continue to increase in volume. Who else?
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