CFSI

Rent in credit report!!!!

This is a big-deal announcement: “As of December 2010, Experian® will include positive rental payment data as part of a consumer’s credit file.”   Sound dry?  Not so: My numbers are old, but before the recession 50-odd million Americans had no or thin credit reports.  So, if you’re an immigrant…

Why the underbanked

When thinking about the underbanked, it’s easy to assume there are people at the bottom of the economic pyramid who are generally underserved.   What’s not so obvious is what appears as a small fringe of financially disenfranchised people, is actually a very large consumer market: over 100 million adults strong in…