cancel
Showing results for 
Search instead for 
Did you mean: 

Alternative scoring offers a second route to credit

tag
Anonymous
Not applicable

Alternative scoring offers a second route to credit

http://www.kansascity.com/business/story/256732.html
 
...
about 50 million consumers — often young adults, new college grads, minorities, immigrants and seniors — have thin or nonexistent credit histories that limit their access to mainstream credit sources, such as banks.
...
The Brookings Institution study suggests that many consumers outside the mainstream actually have risk profiles similar to those in the mainstream. In fact, use of alternative scoring may bump up some consumers’ scores 11 percent or more.
...
 
Message 1 of 1
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.