Financial resilience
Financial resilience is a person's ability to withstand financial shocks, such as a drop in income or an unexpected bill, without serious hardship. Low resilience is one of the FCA's drivers of vulnerability and a key thing affordability assessments try to gauge.
Signs of low resilience, such as thin savings buffers and volatile balances, are visible in Open Banking data and shape sustainable lending.
Credit Canary builds financial resilience into one platform for UK lenders, with the data and decisioning behind it.
Affordability ScoreExplore more from Credit Canary
See where your credit union stands, benchmarked, in two minutes.
Affordability, cost of credit and Consumer Duty calculators.
Risk appetite, affordability, Consumer Duty and more.
How Credit Canary compares with other providers.
Original research on UK lending and digital performance.
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