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A credit file doesn’t capture every signal lenders can use to judge whether a borrower will repay. Roughly 25 million U.S. adults lack enough recent credit activity to generate a usable score, the Consumer Financial Protection Bureau (CFPB) noted last year, as PYMNTS reported. PYMNTS Intelligence separately found that 35% of subprime consumers have neither […] The post Lenders Find Creditworthy Borrowers Hiding in the Data appeared first on PYMNTS.com.
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