The risks of loan stacking
Mar 20, 2018 Philip Burgess
Loan stacking is fraught with risks that can backfire for lenders who engage in the practice, even when borrowers pass the underwriting process with flying colors.
Financial illiteracy cost typical American nearly $1,200 last year
Feb 27, 2018 Walt Wojciechowski
Poor financial literacy cost the average consumer nearly $1,200 in 2017, according to a recent poll conducted by the National Financial Educators Council.
Why rising rents in 2018 may not be problematic
Feb 20, 2018 Philip Burgess
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.
Consumer lending in a gig economy
Jul 27, 2017 Walt Wojciechowski
As more people join the gig economy, consumer lenders need the tools to accurately collect credit data on these individuals.
Jul 11, 2017 Walt Wojciechowski
With MicroBilt’s extensive Risk Verification Database at their disposal, any organization that accepts ACH, RDC, electronic checks and more can successfully manage their risk portfolio and avoid the burden that comes with onerous returns.