Lenders Find Creditworthy Borrowers Hiding in the Data

T2Covered by 1 source · first reported by PYMNTS at 06 Oct, 15:32 UTC

A credit file doesn’t capture every signal lenders can use to judge whether a borrower will repay. Roughly 25 million U.S. adults lack enough recent credit activity to generate a usable score, the Consumer Financial Protection Bureau (CFPB) noted last year, as PYMNTS reported. PYMNTS Intelligence…

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Sources

• T2Lenders Find Creditworthy Borrowers Hiding in the DataPYMNTS06 Oct, 15:32