Experian Debuts Credit Scoring Service for Underbanked Americans

By  |  June 13, 2012
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Experian has created new credit scoring technology designed specifically for consumer with little to no traditional credit history, American Banker notes.

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    Called Extended View, the new product uses information from Experian’s own databases, combined with rental information and public record data to generate a credit score. Experian estimates that 30 percent of underbanked consumers are relatively low credit risks, the report notes.

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