Think removing a sold-derogatory trade from a consumer’s credit file vastly improves their overall score? A new report from VantageScore suggests probably not. Sarah Davies, SVP of Product Management & Analytics at VantageScore Solutions, tells MPD CEO Karen Webster why removing a bad debt from...
February 26, 2016
Lenders are beginning to doubt the effectiveness of using a potential borrower’s social media accounts as indicators of creditworthiness. As The Wall Street Journal reported Wednesday (Feb. 24), regulatory hurdles, data access and public perception have all played a role in lenders backing off from the idea of using a person’s social media information to determine […]
