Digital platforms are transforming the personal finance landscape for renters by emphasizing the importance of leveraging nuanced insights derived from rental payment data, a facet traditionally excluded from credit scoring models. Among the firms driving this transformation is EasyKnock, a home equity solution platform, which recently...
Financial intelligence company IDIQ has launched a platform that aims to help consumers build their credit scores. CreditBuilderIQ, announced Tuesday (April 16), joins the company’s suite of identity theft protection, credit monitoring and financial wellness tools. “With consumer debt at an all-time high, rising delinquencies, and reduced credit...
Financial services company College Ave has launched a secured credit card for college students. The new Ambition Mastercard is designed to help students 18 years and older build and establish a positive credit history, College Ave said in a Tuesday (Jan. 30) press release emailed to PYMNTS. The...
British banking giant HSBC and Nova Credit want to let U.K. immigrants improve their credit. The partnership, announced Monday (Sept. 18) in a news release provided to PYMNTS, lets customers who are applying for an HSBC U.K. credit card online employ Credit’s Nova Passport technology...
December 03, 2024
As the year draws to a close, the end of 2024 has been marked by a flurry of rule-making by the Consumer Financial Protection Bureau (CFPB). In the latest salvo, the agency on Tuesday (Dec. 3) proposed a new rule that would curtail data brokers’ access to consumers’ data and the ability to sell that […]
February 25, 2020
When one has a credit history, it is easy to overlook if it’s working as intended, as it is a fairly invisible piece of the fabric of day-to-day financial life....
September 25, 2019
The Catch-22 is a familiar part of the early life of many consumers looking to get credit for the first time. They can’t secure underwriting because their financial file reveals...
April 16, 2024
Financial intelligence company IDIQ has launched a platform that aims to help consumers build their credit scores. CreditBuilderIQ, announced Tuesday (April 16), joins the company’s suite of identity theft protection, credit monitoring and financial wellness tools. “With consumer debt at an all-time high, rising delinquencies, and reduced credit availability, consumers more than ever need to take control of […]
January 30, 2024
Financial services company College Ave has launched a secured credit card for college students. The new Ambition Mastercard is designed to help students 18 years and older build and establish a positive credit...
September 18, 2023
British banking giant HSBC and Nova Credit want to let U.K. immigrants improve their credit. The partnership, announced Monday (Sept. 18) in a news release provided to PYMNTS, lets customers...
August 23, 2023
Cross River Bank has partnered with FinTech platform Current to launch a new credit-building product that will benefit Current’s over 4 million members. The credit-building product will enable Current members to establish...
