- Posted by Laurie Anderson
- On July 28, 2017
- alternative credit data, consumer, credit history, credit profile, FactorTrust
Most U.S. adults do not understand what is and what is not included in their credit history, and therefore impacting their credit scores.
Out of 2,279 U.S. adults surveyed, 71 percent assume that major credit bureaus are including all consumer credit history, including non-traditional payments like short-term loans, online, rent-to-own, and more. This survey, conducted by Radius Global Market Research in June 2017 and commissioned by FactorTrust®, showcases the disconnect between consumers and their own credit data.
Reposted from BankNews…read full article