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The use of traditional credit scores provided by major reporting bureaus appears to be on the decline, as a wealth of economic and social catalysts have ushered in a proverbial new age of financial services and decision making. Although alternative

Since the Great Recession, the financial sector's many arms have begun to evolve due to necessity, and the United States has already seen a major increase in the use of alternative financing and credit scoring as a result. Now, because of successful

Alternative lending has remained competitive with big banks and financial institutions. Instead of having to comply with complex and often unyielding regulations, consumers can instead use these services."Lenders have the ability to do their

Student loan debt has affected the economy and the way millennials approach credit and lenders. The massive burden many graduates have on their shoulders has also compromised their credit.According to Fusion, a number of millennials between

Debt collectors often have to work as they travel, which can be tough for those who have information gathered in one place. However, technology has evolved to allow professionals to work remotely. The cloud is one tool they can use to improve