Financial Access
Experian is unlocking the power of data to facilitate access to fair and affordable credit for both consumers and businesses. With our products, services and partnerships, we are working to improve financial inclusion for all. Read about our latest financial access news below:
Experian North America CEO Victor Nichols recently was recognized by the Consumer Credit Counseling Services of Orange County, California, as its 2014 Community Hero of the Year for his commitment to consumer financial literacy.
Mr. Nichols and Experian are proud to have been honored with this award. Experian has long been committed to consumer financial literacy and removing the mystery surrounding credit reports and scores, and that commitment has not wavered.
Millions of Americans face economic hardships today due to the financial crisis. The Great Recession made a big impact on the financial lives of consumers. Unemployment was high and many struggled to make ends meet, forcing them to tap into their savings and live off credit to survive. Now that our economy is recovering, we believe that education is the key for consumers to unlock the door that leads to financial success and opportunity.
Did you know that there are 64 million people in the United States that have little or no traditional credit history?
These people are typically referred to as underbanked or underserved consumers and Experian just announced Extended View Score that can help these consumers gain access to credit products and services, which can lead them down the path of building a fuller credit history.