A single credit report lacks the depth and frequency f the tri-merge standard in mortgage credit lending. See more in the infographic below, courtesy of Equifax:
Source: Equifax
Tag: credit
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Expanding Access to Credit With Alternative Data
Learn more about how Equifax is making waves in the world of credit score algorithms by expanding access to credit with alternative data in the visual deep dive below:
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Alternative Data: Helping More Americans Get Credit
Alternative data, data that wouldn’t otherwise be factored in by traditional credit scoring is here to rescue the needs of many Americans. It is estimated by Equifax that this method will allow up to 90% of Americans to get credit that were previously either having thin credit files or were credit invisible. Learn more in the visual deep dive below:
