To increase credit visibility, a new solution is offered

Adam Levitin, a law professor at Georgetown, recently posted to the creditslips blog about an interesting idea to bring more underserved consumers in to the financial mainstream. Levitin writes that The Biden administration could substantially reduce the number of “credit invisible” and “thin file” consumers without legislation, simply through a determined use of federal contract… Continue reading To increase credit visibility, a new solution is offered

Reporting Rent Realizes Rewards for Renters

HUD issued a press release announcing the results of a joint study from the U.S. Department of Housing and Urban Development (HUD) and the Policy and Economic Research Council (PERC) found that if the rent payments of HUD-assisted consumers are reported to credit reporting agencies, many of these households would cease being ‘credit invisible.’  These… Continue reading Reporting Rent Realizes Rewards for Renters