News & Resources

Poor financial literacy cost the average consumer nearly $1,200 in 2017, according to a recent poll conducted by the National Financial Educators Council.

Due to dwindling supply, 2018 could bring further increases in rent prices, a potential issue for the unbanked whom rely on regular rent payments to shore up their alternative credit reports.

Fintech firms have made quite a mark on the lending world in the past few years. Their innovative deployment of mobile banking tools is the cause, something which is quite beneficial to those with little to no traditional credit.

With job gains amassing and take-home pay slowly but surely rising, Americans are feeling as good about how things are going than they have in years, an encouraging indicator for lenders coming to decisions on financing requests.

Gordon Beck, the chief executive of Diversified Consultants, Inc. (DCI), has a bold prediction for the ARM industry for 2018. Speaking on a webinar last week which was sponsored by Microbilt, Beck said that 2018 will be the ARM’s industry’s “best year in a decade.”