Category Credit Services
Paid Credit Repair Increases Consumers' Credit Scores Surprisingly Well, New Study by Credit Knocks Finds
In a nationwide survey, 58.6% of U.S. adults (ages 25+) who paid for professional credit repair services received a 75 point credit score increase or higher. Credit repair services were also shown to be more effective when consumers stayed with the repair company for over 6 months. But buyer beware! 12% of respondents thought the repair company's business practices were 'Shady' or 'Borderline illegal.'
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Credit Card Authorized Users Enjoy Higher Credit Scores, New Study by Credit Knocks Finds
U.S. adults (ages 20 to 29) who were added as authorized users to credit cards were nearly 2x as likely to have a 680+ credit score than non-authorized users. The 'authorized user effect' may be a more significant variable to credit score than race, income, or education.
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Trust Science and Inovatec Systems Team Up to Release World's First End-to-End Loan Management Platform Powered by Alternative Credit Scores
Lenders now have the ability to reliably find, score, lend to and manage the loans of 64 million unbanked and under-banked consumers in the United States alone
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