Tag: credit score
This article was updated on February 12, 2024. The Buy Now, Pay Later (BNPL) space has grown massively over the last few years. But...
If you’re a manager at a business that lends to consumers or otherwise extends credit, you certainly are aware that 10-15% of your current...
Recent statistics certainly illustrate why many renters are feeling anxious lately. More than 40% of renter households in the U.S. — that’s 19 million...
Experian’s State of the Automotive Finance Market Report: Q3 2022 found that consumers with credit scores between 300 and 660—also considered as the nonprime...
Millions of consumers are excluded from the credit economy, whether it’s because they have limited credit history, dated information within their credit file, or...
Credit scores play a massive role in a consumer’s financial life as they help determine an individual’s creditworthiness. While 62% of consumers are interested...
In what has been an unprecedented year, marked by a global pandemic and a number of economic and personal challenges for both businesses and...
Today’s lending market has seen a significant increase in alternative business lending, with companies utilizing new data assets and technology. As the lending landscape...
With new legislation, including the Coronavirus Aid, Relief, and Economic Security (CARES) Act impacting how data furnishers will report accounts, and government relief programs...
In the face of severe financial stress, such as that brought about by an economic downturn, lenders seeking to reduce their credit risk exposure...
As consumers prepare for the next decade, we look at how we’re rounding out this year. The results? The average American credit score is...
Article written by Melanie Smith, Senior Copywriter, Experian Clarity Services, Inc. It’s been almost a decade since the Great Recession in the United States...
A few months ago, I got a letter from the DMV reminding me that it was finally time to replace my driver’s license. I’ve...
Earlier this month, Experian joined FinovateSpring in San Francisco, CA to demonstrate innovations impacting financial health to over 1,000 attendees. The Finovate conference promotes...
Millions of consumers lack credit history and/or have difficulty obtaining credit from mainstream financial institutions. To ease access to credit for “invisible” and below...