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Lenders’ use of rent data in loan decisions helps homebuyers, but dangers lurk
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Lenders’ use of rent data in loan decisions helps homebuyers, but dangers lurk

Lenders’ use of rent data in loan decisions helps homebuyers, but dangers lurk

Fintech Nexus Staff·
Fintech
·Jul. 6, 2022·1 min read

The use of rent data in credit models is allowing people with low credit scores or thin credit files to get loans. But consumer advocates warn the use of that data could harm the very people it’s supposed to help. 

Read the full article at: www.americanbanker.com

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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