Experian/Moody's Analytics report shows small-business credit quality continues to improve as credit balances rise and

    Experian/Moody's Analytics report shows small-business credit quality
   continues to improve as credit balances rise and delinquency rates fall

PR Newswire

COSTA MESA, Calif., Nov. 5, 2013

COSTA MESA, Calif., Nov. 5, 2013 /PRNewswire/ -- Experian^®, the leading
global information services company, today announced that due to a rise in
credit balances and a decrease in delinquency rates, small-business credit
quality continued to show significant improvement in Q3 2013. According to the
most recent Experian/Moody's Analytics report, the Small Business Credit Index
rose 2.3 points to 118.5, up from 116.2 the previous quarter. This notes the
index's third consecutive quarterly improvement, and its second consecutive
record-breaking mark.

(Photo: http://photos.prnewswire.com/prnh/20131105/LA10313)

"Small businesses are getting their finances in order. Lower delinquency and
stronger credit growth bode well," said Mark Zandi, chief economist at Moody's
Analytics. "It won't be a straight line up for small businesses, and the
recent government shutdown hurt, but their prospects are improving."

Highlights from the report show that credit growth is strong and is growing at
a near double-digit level. While total outstanding balances have risen at
their fastest rate in two years, delinquency rates have fallen at a consistent
pace. In Q3 2013, only 10 percent (the smallest percentage since the recovery
began) of outstanding small-business credit balances were past due, down 0.7
percent since Q3 2012.

"For the last year, we've seen significant improvements in small-business
credit conditions. The reduction in past outstanding balances and improved
payment performance by small businesses has provided them with the ability to
increase credit balances in the third quarter," said Joel Pruis, Experian's
senior business consultant. "Moving forward, it is imperative that small
businesses maintain the discipline demonstrated over the past several
quarters. The ability to build and maintain a strong credit profile will help
them obtain the appropriate funding to uncover new growth opportunities."

From a regional perspective, the report shows that small businesses in the
West continued to have stronger credit profiles than their Eastern
counterparts. For example, small businesses in Utah displayed strong credit
performances, as past-due balances for businesses comprise a mere 1.1 percent
of their total balances. Conversely, small businesses in Florida have shown
the weakest credit performance, as nearly 25 percent of all balances are paid
beyond contracted terms.

To receive a copy of the full Experian/Moody's Analytics Small Business Credit
Index report, visit 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

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

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,

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.

Roslyn Whitehurst
Experian Public Relations
1 714 830 5578
Twitter: @RozWhitehurst

SOURCE Experian

Website: http://www.experian.com
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