Credit Default Early Warning System for Horizon Consumer Finance

Horizon Consumer Finance is a mid-size consumer lender specializing in unsecured personal loans with terms ranging from 12 to 60 months. They serve a mix of near-prime and prime borrowers across the United States and have been growing their portfolio steadily over the past three years.

The collections team has flagged that a growing share of loans are reaching 90+ days past due before any intervention occurs.