Credit card receivables data was one of the first and most successful examples of alternative data, where collating public web data on credit card usage provided an early signal of retail company performance, particularly for identifying changes in spending patterns.

factualpending

Speaker

Cliff Asness

Evidence Quote

The classic one...is credit card receivables...one of the venerable first ones...for retailers knowing...who has seen an increase in credit card usage...you have that data a little faster...that's an advantage.

Source

The Bridge Ep. 11: Expensive Isn't a BubbleiCapital
Created: 8/12/2026, 6:23:51 PM

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