Any of these 5,000 professional licenses could get a credit boost

Source: AnnaMaria Andriotis - Wall Street Journal (Paid Registration)

A new credit score will soon factor in consumers’ rent payments and professional licenses to help them get approved for loans.

The score, created by credit-reporting firm Experian, is called “Lift” and can give borrowers a boost if they handle payday loans responsibly or are licensed as hairdressers, real-estate professionals or in other jobs. Those data sets aren’t typically factored into traditional credit reports.

Read Full Article: Any of these 5,000 professional licenses could get a credit boost

 

Tags/Keywords

 

Search

Quick Menu

Facebook FTwitter T
 

Consumer Help Desk

Advocacy