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Latest Experian/Moody's Analytics Small Business Credit Index shows unexpected improvement in small-business credit quality in



Latest Experian/Moody's Analytics Small Business Credit Index shows unexpected
        improvement in small-business credit quality in first quarter

Projections of small businesses struggling for the remainder of 2013 still
hold

PR Newswire

COSTA MESA, Calif., May 21, 2013

COSTA MESA, Calif., May 21, 2013 /PRNewswire/ -- Experian^®, the leading
global information services company, today announced that despite the threat
of heavier tax burdens and sequestration, small-business credit conditions
improved significantly during Q1 2013. According to the latest
Experian/Moody's Analytics report, the Small Business Credit Index climbed 5.7
points in Q1 2013 to 109, up from 104.3 in the previous quarter. Details from
the report showed that much of the first quarter improvement was fueled by
lower delinquency rates and stronger consumer spending.

(Photo: http://photos.prnewswire.com/prnh/20130521/LA17383)

"Small-business credit conditions are improving, but only slowly and unevenly
across the country," said Mark Zandi, chief economist at Moody's Analytics.
"Much further progress this year will be difficult given the likely fallout
from sizable tax increases and government spending cuts, but conditions are
expected to improve next year once these fiscal headwinds begin to fade."

Findings from the report show that small companies are faring considerably
better in cities west of the Mississippi. This is driven in part by a
resurgent housing market, while eastern cities have been more directly
affected by cuts in government spending and the poor performance of Europe's
economies.

"Small businesses have reduced their levels of payment delinquency, and that
is a good sign," said Dan Meder, vice president of Experian's Business
Information Services. "Near-term pressure on consumer spending may adversely
affect cash flow, so small businesses must continue to remain diligent in
their payment behavior. By successfully meeting their payment obligations,
they avoid negative repercussions on credit availability that could limit
growth."

Regionally, delinquency rates for small businesses in Houston, Texas; Phoenix,
Ariz.; and San Diego, Calif., were significantly lower than the U.S. rate in
Q1, whereas several major eastern cities are more than double the national
average. At the state level, delinquency rates in Arizona, Utah, Colorado,
Wyoming and Idaho were significantly lower than the U.S. average.

To receive a copy of the full Experian/Moody's Analytics Small Business Credit
Index report, visit http://www.experian.com/SmallBusinessCreditIndex.

About the Experian/Moody's Analytics Small Business Credit Index
Experian joined forces with Moody's Analytics, a leading independent provider
of economic forecasting, to create a business index and detailed report that
provides insight into the health of U.S. businesses. The Experian/Moody's
Analytics Small Business Credit Index is reported quarterly to show
fluctuations in the market and discuss factors that are impacting the business
economy.

About Experian's Business Information Services
Experian's Business Information Services is a leader in providing data and
predictive insights to organizations, helping them mitigate risk and improve
profitability. The company's business database provides comprehensive,
third-party-verified information on 99.9 percent of all U.S. companies.
Experian provides market-leading tools that assist clients of all sizes in
making real-time decisions, processing new applications, managing customer
relationships and collecting on delinquent accounts. For more information
about Experian's advanced business-to-business products and services, visit
http://www.experian.com/b2b.

About Experian
Experian is the leading global information services company, providing data
and analytical tools to clients around the world. The Group helps businesses
to manage credit risk, prevent fraud, target marketing offers and automate
decision making. Experian also helps individuals to check their credit report
and credit score, and protect against identity theft.

Experian plc is listed on the London Stock Exchange (EXPN) and is a
constituent of the FTSE 100 index. Total revenue for the year ended March 31,
2013, was US$4.7 billion. Experian employs approximately 17,000 people in 40
countries and has its corporate headquarters in Dublin, Ireland, with
operational headquarters in Nottingham, UK; California, US; and São Paulo,
Brazil.

For more information, visit http://www.experianplc.com.

Experian and the Experian marks used herein are service marks or registered
trademarks of Experian Information Solutions, Inc. Other product and company
names mentioned herein are the property of their respective owners. 

Contact:
Roslyn Whitehurst
Experian Public Relations
1 714 830 5578
roslyn.whitehurst@experian.com
Twitter: @RozWhitehurst

SOURCE Experian

Website: http://www.experian.com
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