Bill Seeks to Help Low Income Tenants Build Credit

The House Financial Service Subcommittee wants to help consumers build credit, particularly lower-income Americans. A proposed bill seeks to help those with little to no credit build their credit with Alternative Data. According to Representative Keith Ellison, millions of Americans can’t establish good credit scores, and this is particularly the case for Millennials, African-Americans,  Latinos and […]

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 […]


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 […]