Posts by Adrian Davies
The metrics that growing credit unions measure differently
Every credit union board asks the same question: is our loan book growing safely? The data to answer it is already in your systems. The problem is that most dashboards show you the numbers without telling you what they mean. Especially when trying to track credit union lending metrics effectively. Decision volumes, turnaround times, delinquency…
Read MoreNestEgg News: Four features coming soon
NestEgg will be rolling out four new features over the coming weeks. Here’s a summary of what’s on the way and what it means for your credit union. Decision Summary Panel Every referred loan application means manual work: lending officers compare the rules across different risk bandings before they can reach a decision. Speed is…
Read MoreHow to build credit history when you’ve never borrowed before
Last reviewed June 2026 i QUICK ANSWER With no borrowing history, lenders have no track record to assess, which can lead to declines even without bad credit. You can build history by managing a bank account, registering on the electoral roll, putting utility bills and phone contracts in your name, keeping your details consistent and…
Read MoreWhat is the 50/30/20 budgeting method?
Last reviewed June 2026 i QUICK ANSWER The 50/30/20 method is a simple budgeting rule that splits your income into three categories: 50% on needs (rent, bills, food), 30% on wants (dining out, entertainment, subscriptions), and 20% on savings or debt repayment. It’s a low-effort way to manage money without tracking every penny. Using this…
Read MoreHow is affordability assessed when you apply for a loan?
Last reviewed May 2026 i QUICK ANSWER Lenders are legally required to check you can afford a loan, usually via bank statements or Open Banking. What affects this most is whether your income is disclosed accurately, how it’s trending, and patterns of spending on missed payments, gambling and Buy Now Pay Later (BNPL). There are…
Read MoreThe £165m question – and three others worth asking at ILCU
The Irish League of Credit Unions (ILCU) Conference is a great moment to step back from day-to-day operations and ask the strategic questions that decide where your credit union will be in five years’ time. Whether you’re looking for fresh ideas to grow your loan book, ways to attract younger members, a stronger evidence base…
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