"Fourth-bureau" data can end up being extremely important to credit decisioning.
Category: Financial Literacy
Recent research has uncovered instances in which smartphone data is being used to create credit profiles of consumers.
Underbanked and unbanked Americans can still take sound steps to prepare for their retirement despite having fewer traditional banking services than the average individual.
The underbanked must be cautious when holiday shopping, but shouldn't shy away from doing so.
Numerous myths about credit persist in the minds of some, particularly the underbanked and economically disadvantaged.
Financial services provided via mobile constitute a major opportunity to reach underbanked individuals.
Take note of these credit-related blunders and don't follow in the footsteps of those who've made them.
There are both distinct advantages and potential pitfalls associated with students and parents sharing credit accounts.