Underbanked population continues to grow

Published: June 14, 2012 by admin

The dramatic transformation of the financial services industry requires new advances and innovation in credit strategies to respond to the growing number of underbanked customers who need to be served. The underbanked, or unbanked, market now represents nearly 64 million U.S. consumers who have limited or no traditional credit history.

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Source: Experian News, May 2012

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