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Leveraging Alternative Data to Extend Credit to More Borrowers

FICO

Indeed, more data can enable credit score providers like FICO to provide a more complete snapshot of consumers’ credit behavior and potential risk. Due to the confusion around this issue, it’s important to be clear about what constitutes alternative data. In the U.S., Another 25 million consumers have no credit bureau file at all.

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Top 5 Scores Topics of 2021

FICO

FICO Fact: Do FICO Scores Consider Telco And Utility Data? FICO® Scores have always considered telco and utility payment data that is furnished to the three nationwide U.S. The inclusion of telco and utility payment information dates back to the release of the very first FICO Scores in 1989.