credit scores

Ant Apologizes Over Credit Scoring Snafu
Ant Apologizes Over Credit Scoring Snafu
January 08, 2018  |  International

Following an online uproar, Chinese financial giant Ant Financial has apologized for auto-enrolling unsuspecting users of its new shopping profile service in its credit scoring...

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Priming The NearPrime Credit Pump
Priming The NearPrime Credit Pump
November 28, 2017  |  Data Drivers

No one is born with an 800 or 400 credit score. As many as 50 million Americans pass through the 600 to 700 score rang...

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Why Regulation Won’t Fix Credit Reporting Agencies
Why Regulation Won’t Fix Credit Reporting Agencies
September 18, 2017  |  Regulation

Some of the most memorable television commercials of the 1970s and 1980s were those promoting E. F. Hutton’s brokerage services. When its tagline, “When E....

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Affirm Challenges Retailers, FIs To Practice ’Honest Finance‘
Affirm Challenges Retailers, FIs To Practice ’Honest Finance‘
July 21, 2017  |  Alternative Finances

“Finance is pretty broken.” So started Affirm’s Co-Founder and CEO Max Levchin’s remarks at his firm’s first-ever AFFIRMation conference for its retail partners in San...

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CFPB Announces Final Judgments Against Four Credit Repair Companies
CFPB Announces Final Judgments Against Four Credit Repair Companies
June 28, 2017  |  CFPB

The Consumer Financial Protection Bureau (CFPB) announced news on Tuesday (June 27) that it filed two complaints and proposed final judgments against four California-based credit...

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Today In Data: Credit Scores Up, But Bank Confidence Down
Today In Data: Credit Scores Up, But Bank Confidence Down
May 30, 2017  |  News

The Wall Street Journal reported that American consumers are enjoying improved credit scores as unemployment declines, the economy grows and personal bankruptcies from the recession...

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Consumer Credit Scores Hit Record High
Consumer Credit Scores Hit Record High
May 30, 2017  |  Consumer Finance

Consumers in the U.S. have seen their credit scores reach record highs in the spring at the same time that the number of Americans who...

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SMB Credit Score Startup, Nav, Raises $13M in VC
SMB Credit Score Startup, Nav, Raises $13M in VC
May 04, 2017  |  B2B Payments

Small business lending platform Nav has topped up its latest equity capital funding. The company said Wednesday (May 3) that investors at Goldman Sachs Principal Strategic...

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Max Levchin And Building Truly Honest Finance Products
Max Levchin And Building Truly Honest Finance Products
April 12, 2017  |  Loans

In February 2013, Max Levchin launched Affirm — a point-of-sale (POS) lender that would provide creditworthy millennials, who lacked credit cards and credit scores, the ability...

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