This study is the final report on research that examines resulting credit score changes and consumer attitudes following the use of personalized credit education sessions by study participants. The credit education service examined is offered by a national credit bureau. Such services (offered by for-profit non-lender/non-creditor entities) are covered and inhibited by CROA.
This study was designed to gauge the impact of a personalized credit education service from a national credit bureau on consumer understanding of credit reports and scores as measured by changes in credit scores and results from a participant survey.
This white paper examines implications of fragmented data in credit markets, with particular focus on commercial / small business credit data and lending.
This paper examines whether utility and telecom payments (non-financial data) are predictive of either future delinquencies on traditional credit accounts (bank card or mortgages) or of having future derogatory public records.
This report examines whether the Credit Repair Organizations Act (CROA) is unduly inhibiting the use of needed credit report and education services. It then explores whether the 20 year old CROA could be revised in ways that maintain consumer and credit market protections.
This paper reviews research carried out by score developers, CRAs, and other organizations on the impacts and potential of alternative data.
This study examines how shifting to full file credit sharing systems might impact lender competition. It specifically explores whether bank concentration falls following a shift to full-file credit sharing.
This white paper compares results of PERC’s 2011 study, U.S. Consumer Credit Reports: Measuring Accuracy and Dispute Inputs, with the 2013 study by the Federal Trade Commission on the same topic. The paper notes the similarities in results and methodologies of the two reports.
This report is a summary of A Reexamination of Who Wins and Who Loses from Credit Card Payments, which provides an in-depth analysis and reexamination of the theory explored by authors of the Federal Reserve Bank of Boston in 2010 that credit cards and credit card rewards programs lead to a regressive transfer of merchant costs at the point of sale. It examines how sensitive the Boston Fed staff report findings are to variations in the underlying assumptions and modifications to the accounting framework used.