Search Results for: credit scores

New Study shows Extra Debit Card can Improve Users Credit Scores
Analytics Fintech News

New Study Shows Extra Debit Card Can Improve Users Credit Scores

PR Newswire
by PR Newswire0
Extra, the first debit card that builds credit and earns rewards, announced the results of proprietary credit score analysis which found that over the course of one-year, Extra card members that practiced good credit habits while successfully using the product as recommended, experienced an average overall credit score increase of 48 points......
Consumer Survey Reveals Key Relationship between Financial Confidence and Credit Scores
Finance News

Consumer Survey Reveals Key Relationship between Financial Confidence and Credit Scores

Fintech News Desk
by Fintech News Desk0
A new survey from FICO uncovered that U.S. Consumers’ feelings about their credit scores are strongly linked to their financial well-being Highlights U.S. consumers feel the toll of the current economic landscape: One-third report that they feel financially insecure and 43% say that the unstable economy is a barrier to......
18.7 Million U.S. Consumers in Financial Hardship Programs Experienced an Increase to their Credit Scores; Study Finds Their Performance Similar to Non-Hardship Consumers
Fintech News

18.7 Million U.S. Consumers in Financial Hardship Programs Experienced an Increase to their Credit Scores; Study Finds Their Performance Similar to Non-Hardship Consumers

Fintech News Desk
by Fintech News Desk0
TransUnion study finds that credit risk often changed based on when consumers exited hardship programs Despite financial challenges brought forth by the COVID-19 pandemic, a new study from TransUnion found that 18.7 million U.S. consumers that entered a financial hardship program experienced an increase to their VantageScore 4.0 credit risk scores......
Credit Karma Money Launches Bill Features Aimed at Helping Members Improve Their Credit Scores
Digital Payments News

Credit Karma Money Launches Bill Features Aimed at Helping Members Improve Their Credit Scores

Fintech News Desk
by Fintech News Desk0
Bill discovery, tracking and upcoming payment reminders of credit tradelines now available to help members stay on top of their bills and improve their credit scores Credit Karma Money, a single destination within Credit Karma for spending and saving, announced the launch of bill discovery, tracking and upcoming payment reminders.......
Biz2Credit Study Finds Credit Scores and Average Earnings of Women-Owned Businesses Rose, Yet Loan Approvals Lagged in 2020
Finance Fintech News

Biz2Credit Study Finds Credit Scores and Average Earnings of Women-Owned Businesses Rose, Yet Loan Approvals Lagged in 2020

Fintech News Desk
by Fintech News Desk0
Analysis of 40,000 Firms Finds Revenues and Costs Down; Texas and California Are The Top States for Loan Requests from Women-Owned Firms The annual Biz2Credit Women-Owned Business Study found that although revenues dropped for women-owned firms in 2020, their earnings grew, primarily because expenses decreased during the pandemic. Women-owned business earnings averaged......
Blockchain Business Cryptocurrency Currency Exchange Fintech News Risk Management

Zoracles Previews Blockchain Credit Scores With Uncollateralized Credit Lines

Fintech News Desk
by Fintech News Desk0
Credit is essential for any modern financial system to function properly. The issuance of credit has historically been monopolized by a few dominant financial institutions leaving smaller participants as onlookers. The developers of Zoracles Protocol are committed to democratizing credit by developing a unique algorithm to assess creditworthiness. The initial......
TomoCredit Raises $7 Million in Seed Funding to Open Access to Credit for “Cash Rich, Credit Poor” Individuals and Help Build and Boost Credit Scores
Banking Business Fintech Investment Services News Risk Management

TomoCredit Raises $7 Million in Seed Funding to Open Access to Credit for “Cash Rich, Credit Poor” Individuals and Help Build and Boost Credit Scores

Fintech News Desk
by Fintech News Desk0
Barclays and KB Investment invest in credit card startup that approves first-time borrowers such as international students and young adults, based on real-time cash flow, not credit score TomoCredit, a fintech startup offering a credit card designed to build credit history for first-time borrowers, today announced a $7 million seed......
LexisNexis launches alternative credit scores
Business Capital Markets Digital Fintech News

LexisNexis Launches Alternative Credit Scores

Fintech News Desk
by Fintech News Desk0
LexisNexis Risk Solutions today unveiled LexisNexis RiskView Optics and RiskView Spectrum, two alternative credit scores supported by a comprehensive view of consumer credit risk culminating from years of innovation and research. Read More: Reef Finance Becomes the Marquee Project in Pioneering Decentralized Finance with Binance, the World’s Largest Cryptocurrency Exchange RiskView......
Grow Credit Inc. Selects Mastercard as Exclusive Network to Deliver Virtual Cards, Enabling Cardholders to Boost Credit Scores for Free and Manage Subscription Payments
Business Fintech News

Grow Credit Inc. Selects Mastercard as Exclusive Network to Deliver Virtual Cards, Enabling Cardholders to Boost Credit Scores for Free and Manage Subscription Payments

Fintech News Desk
by Fintech News Desk0
Grow Credit Inc., a financial inclusion startup dedicated to helping people raise their credit scores for free, has entered into a strategic and brand partnership agreement with Mastercard. The partnership will enable Grow to operate on the Mastercard network to deliver Mastercard-branded virtual cards to consumers. Additionally, the strong ties......
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