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Expanding Access to Credit Through Alternative Data

Brian Wallace
Contributor
·February 2, 2022
alternative data

The sad reality is that tens of millions of Americans could change their station in life if adequate access to credit would be extended to them. However, they either have thin credit or are credit invisible, thus, traditional credit remains out of reach. There is hope: introducing alternative data into factoring credit scores would open new opportunities. More in the infographic below:

Equifax expands access to credit with alternative data
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