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Infographic: The Biggest Myths About the Underbanked

Jan 18, 2018 MicroBilt News

Infographic: The Biggest Myths About the Underbanked

Just under 30 percent of U.S. households are underbanked or unbanked, according to the FDIC. What these terms mean has been up for debate and subject to misconceptions. Let's look at some of the most pernicious myths regarding underbanked Americans and debunk them.


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Infographic: Homebuying with Alternative Credit

Dec 12, 2017 MicroBilt News

Infographic: Homebuying with Alternative Credit

For those without outstanding conventional credit, homebuying can be complicated. But it shouldn't have to be impossible – and won't be, if you find a lender who understands financial stability beyond FICO scores and flawless credit-card statements.


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Bitcoin may not be best for the underbanked

Aug 25, 2017 Philip Burgess

Bitcoin may not be best for the underbanked

Bitcoin was once viewed as the perfect option for unbanked and underbanked consumers, many of whom have invisible credit. Increasing transaction fees call that assumption into question.


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Alternative credit aids the underbanked

Aug 23, 2017 Philip Burgess

Alternative credit aids the underbanked

Using alternative credit checks allows retailers and businesses to more confidently provide credit to the underbanked and tap into this huge potential market.


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Fannie Mae and Freddie Mac required to use alternate credit under new legislation

Aug 21, 2017 Philip Burgess

Fannie Mae and Freddie Mac required to use alternate credit under new legislation

A new Senate bill would obligate government-sponsored enterprises Fannie Mae and Freddie Mac to accept alternative credit scores.


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