Feb 21, 2022 | Financial Literacy, News
Slight Majority of Americans Have More Emergency Savings Than Credit Card Debt A recent Bankrate survey found that just 53 percent of Americans have more emergency savings than credit card debt, a number which is slightly down from 54 percent last year but still a...
Feb 16, 2022 | Financial Literacy, FinTech, News
Experian Announces Plans to Launch Buy Now Pay Later Bureau Experian recently announced plans to launch ‘The Buy Now Pay Later Bureau,’ a specialty bureau created to promote responsible and inclusive lending, which the company says it hopes will bring more...
Feb 7, 2022 | Financial Literacy, News
Experian Launches Program to Help “Credit Invisibles” Begin Building Credit Last month, Experian launched Experian Go, a free program to help “credit invisibles”—or consumers with no credit history—start to build credit profiles. Nearly 50 million consumers have a...
Feb 4, 2022 | Financial Literacy, News
Only 44 % Of Americans Could Cover Unplanned $1,000 Expense From Savings, Survey Finds A recent Bankrate survey found that just 44 percent of Americans could cover an unexpected $1,000 expense from savings, like a car repair or emergency room bill. This is the highest...
Jan 31, 2022 | Banks & Credit Unions, Financial Literacy, News
18% of Consumers Reported Overdrafting Account in December, Rising from 14% in August Recent polling data from Morning Consult found that nearly one in five consumers with a credit union or bank account—18 percent—reported overdrafting the account in December, up from...
Jan 26, 2022 | Financial Literacy, News
Experian Report: Nearly 1 in 5 American Adults Do Not Have Conventional Credit Score New research released by Experian and Oliver Wyman found that 106 million American consumers cannot secure credit at mainstream rates because they have a subprime credit score, are...