Thursday, July 12, 2007

UPDATE 2-Experian Q1 in line, sees subprime woes easing

(Reuters) - LONDON, July 12 - Credit information firm Experian
said on Thursday first-quarter trading was in line with
its expectations despite headwinds in its key markets and said
it expected the impact of U.S. subprime lending woes to ease.




Spun out of conglomerate GUS last year, Experian has been
hit by a decline in unsecured lending in Britain, with fewer
lenders using its services to target new customers, while U.S.
subprime mortgage troubles have knocked its LowerMyBills unit.


Read more at Reuters.com Market News

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