News

Indian Public Credit Registry Should be Boon for Economy: Win-Win for Borrowers, Lenders, Regulators If Done Right

A new report from the Asia-Pacific Credit Coalition (APCC) and the Policy and Economic Research Council (PERC) lauds the recommendation from the High-Level Task Force (HTF) of the Reserve Bank of India (RBI) to incrementally move forward with the development and implementation of a public credit registry (PCR) in India. The APCC/PERC report, titled “Reply […]

Preventative steps key to protecting personal financial information

This piece contains from opinion contributor’s thoughts on what they should to protect yourself from the data breach and how anyone should respond to a future data breach. see more :  http://thehill.com/opinion/finance/358929-preventative-steps-key-to-protecting-personal-finances

PERC and the US Department of Housing and Urban Development (HUD) are working on a joint-study to assess the impacts of including rental payment data in consumer credit reports.

PERC and the US Department of Housing and Urban Development (HUD) are working on a joint-study to assess the impacts of including rental payment data in consumer credit reports. There is growing support for this among policymakers as many millions of Americans struggle to build assets through homeownership and/or starting a small business. click the […]

PERC urges Congress to amend the Credit Repair Organization Act (CROA) and exempt credit education firms.

CROA–designed to protect consumers from scam credit repair firms–was never intended to apply credit education. PERC research shows that personalized credit report and score education works–many experience increased scores and move into better risk tiers. The same studies also show that CROA deters people from using personalized credit education. Many are fearful of their credit reports and […]

THE TRUTH ABOUT CREDIT SCORES

In a follow on piece to a story released early this week, Gillian White of The Atlantic examines the potential pros and cons of including full-file (positive and derogatory data) non-financial payment data (so-called alternative data) in consumer credit files. This is one of the better pieces of journalism I have seen in the 15 […]