Alternative Consumer Credit Data Plays an Important Role in Financing
Oct 12, 2020 MicroBilt News
The year 2020 is one that will live on in infamy long after the chaos of global pandemic and the financial fallout of a nation shutting down for several months have passed. We’ve learned a lot during that time, including the importance of alternative consumer credit data for painting a clearer picture of someone’s “creditworthiness.”
Alternative Data as a Means for Making Credit Decisions
Oct 25, 2019 MicroBilt News
A 2017 report from the Consumer Financial Protection Bureau (CFPB) maintains that an estimated 44 million Americans have little to no credit profile. This lack of credit can make it impossible for consumers like this to gain access to traditional credit opportunities.
What You Need to Know About Fintech Lending Platforms
Jan 02, 2019 Philip Burgess
Now that consumers have access to powerful economic management tools, they’re better equipped to understand the impact of their decisions and maintain their own financial well-being.
How many Americans are underbanked or unbanked?
Nov 28, 2018 Philip Burgess
A significant number of Americans don't operate in the standard parameters of the U.S. financial system, and businesses can't afford to ignore them.
How to build up your business credit profile
Oct 31, 2018 Walt Wojciechowski
Building a business credit profile isn't instantaneous, but the value of doing so is well worth it.