Improving Access to Credit by Revamping FICO Scores

Improving Access to Credit by Revamping FICO Scores

← Previous Article Next Article → After years in development, the Fair Isaac Corporation (FICO) has unveiled its new credit scoring system called UltraFICO. The new system provides consumers the opportunity to modify their credit score by allowing lenders to...
A New Pew Report on Installment Loans

A New Pew Report on Installment Loans

← Previous Article Next Article → Pew Charitable Trusts, an organization founded on religious conviction and oil profits, has published a new report on installment loans, making the argument that state laws are putting the borrowers of these loans at risk....
Banks are Making Bank on Overdraft Fees

Banks are Making Bank on Overdraft Fees

← Previous Article Next Article → A new survey of banks finds that the average overdraft fee that banks charge customers decreased slightly from 2017 to 2018. Despite this slight drop in fees, overdraft revenue still makes up a key source of income for many...
Digital Footprints: A New Pathway in Scoring Credit?

Digital Footprints: A New Pathway in Scoring Credit?

← Previous Article Next Article → According to a new study by the Center for Financial Research (CFR) at the Federal Deposit Insurance Corporation (FDIC), a consumer’s digital footprint (i.e. whether a consumer uses an Apple or Android product, etc.) can do...

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