Equifax Inc at RBC Capital Markets Global Financial Institutions Conference Transcript
Thanks for joining us. Hi, I'm Ashish Sabadra, and I cover business and information services companies here at RBC Capital Markets. Excited to host Mark, CEO; and John CFO of Equifax.
Questions & Answers
Given that it's a financial conference, I'll kick it off with consumer lending. I was just wondering if you can talk about the current state of consumer lending and then particularly talk about what's happening with cards and auto.
Yes. So the consumer is still quite strong. I think as you know, it really starts with their working. -- unemployment being so low, wage growth is obviously a positive for the consumer -- the consumer still has a fairly sizable savings from the covid pandemic, that they're burning down but still a net positive from 2019. So that's a positive inflation putting pressure against the lower end consumer. But
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