New work requirements are expected to leave millions of poor Americans uninsured. For Equifax, which charges states steep prices for its trove of employment data, it is a business opportunity.
Category: Equifax Inc
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How Your Student Loan Payments Will Impact Your Credit
President Biden’s yearlong on-ramp to help federal student loan borrowers ease back into repayment ended on Sept. 30.
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Biden Proposes Dropping Medical Debt From Credit Reports
The move would offer relief to millions of Americans who need a better credit score to get an apartment or a car, but it would not wipe out their financial obligations.
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‘Pay Later’ Lenders Have an Issue With Credit Bureaus
Firms like Experian and TransUnion say it is time for “buy now, pay later” loans to appear on consumer credit reports. The lenders aren’t ready to sign on.
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More Tenants Can Now Add Rent Payments to Their Credit Score
Policymakers view the reporting of an on-time pattern as a way to reduce disparities in homeownership.
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Consumer Agency Moves to Ban Medical Debt From Credit Reports
Millions of Americans owe money to doctors and hospitals, and that debt can affect their ability to get loans or even a job.
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The High Cost of Bad Credit
Desperate to improve their ratings, Americans now spend billions on “credit repair” — but the industry often can’t deliver on its promises.
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The Downsides of Using ‘Buy Now, Pay Later’
The New York Times – Business:Shoppers can quickly get approved for the services, but regulators are concerned that the loans lack important protections.