Credit should be a more fair thing to all, but it doesn’t work that way right now as so many people either have thin credit (not a lot on their report) or are credit invisible. What does it mean to be credit invisible? It is when an individual has no credit history or report on any of the 3 national credit bureaus. This is currently estimated to be about 25 million Americans.
Learn more about how alternative data will be able to change the game for millions of Americans to give them the ability to attain credit to change their dreams in the visual deep dive below:
Infographic Source: https://www.equifax.com/newsroom/all-news/-/story/infographic-expanding-access-to-credit-with-alternative-data/