Has the Reporting of Rental Data to the Credit Reporting Agencies (CRAs) Increased?
FICO Score 10T includes rental data, but consumers can only experience the benefit of this to the extent that their rental data is reported to the CRAs
An uptick in missed payments, slightly elevated consumer debt levels, and an increased rate in consumers obtaining new credit contributed to the leveling off of the average FICO® Score
90% of Credit-Eligible US Population Can Be Scored by FICO Score Suite
By leveraging powerful and relevant alternative data that provides a more complete picture of borrower credit risk, the FICO Score suite helps to identify those previously non-scorable consumers
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