Episode 44: How Alternative Data Helps the Credit Invisible
Feb 16, 2021•21 min•Season 1Ep. 44
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Episode description
Okay, so the purpose of the credit score is to give lenders something upon which to frame a quick decision: Should I loan to you or not?
But not everybody has a credit score.
Those without one are called the “credit invisible” consumer market. But 99% of people pay a phone bill.
In this episode, I interview Steve Ely, CEO at eCredable, about using alternative data to help the 46 million credit invisible market build credit.
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