How does the lack of credit history affect access to essential services?

Nov 29, 2021 ... ... loan and how much they should pay. This so-called alternative credit scoring could have profound effects for consumers, many of them ... Oct 16, 2023 ... Including this alternative data into scoring models will expand homeownership opportunities for creditworthy borrowers and make scores more ... May 15, 2024 ... VantageScore today announced that its newest credit-scoring model, VantageScore 4plus™, is now available for pilot by banks, fintechs and ... A movement is under way to collect and score alternative data that reflect the many payments credit-underserved individuals routinely make for insurance, ... Mar 30, 2020 ... A natural follow-up question is whether we can use the social and mobile footprint vari- ables to come up with an alternate credit scores for ... Jan 26, 2023 ... Alternative credit scoring models incorporate alternative credit data* that isn't typically found on consumer credit reports. These scores aren' ... In 2017, the Consumer Financial Protection. Bureau (CFPB), issued the request for. “Information Regarding Use of Alternative Data and Modeling Techniques in ... Mar 22, 2019 ... National Taxpayers Union filed comments this week with the Federal Housing Finance Agency on the possibility of using alternative credit ... Mar 22, 2023 ... This method expands upon traditional credit scoring models and incorporates factors such as non-traditional data such as utility and rent payments, social ... Alternative credit scoring and financial inclusion : a structural data justice perspective ... This paper explores questions of justice surrounding the use of ...