PRBC’s alternative credit solution is free to consumers and enables businesses to make smart loan decisions for all of their applicants, not just a percentage of them.
READ MOREWith access to what seems to be an infinite amount of information, it’s is easy to understand why online lenders are choosing to utilize alternative data to screen their applicants.
READ MOREConsumers should always exercise care when making purchases, be selective when giving out financial information, and only deal with trusted businesses they know.
READ MOREMany consumers are unable to achieve a traditional credit score. Some don’t have bank accounts while others have low credit scores and find it hard to improve their number.
READ MOREChip and pin technology make it harder for hackers, but they aren’t foolproof. As the statistics show, it hasn’t stopped hackers from coming up with clever schemes to steal consumer credit and debit card numbers.
READ MOREAs the COVID-19 pandemic swept through the United States, many businesses encouraged, and at times, tried to force consumers to pay with credit or debit cards.
READ MOREConsumers struggling to either be approved for a credit card or are worried about accumulating debt often opt to use prepaid cards.
READ MOREThe Fed says it is too soon to tell if the overall consumer reduced debt volume that has occurred during COVID-19 will continue once the pandemic is over.
READ MORETo maintain a respectable credit score, consumers must first recognize any negative tendencies, such as consistently late payments, which may impede their ability to improve their numbers. An earlier survey found more than 50% of Americans hadn’t checked their score in 2011.
READ MOREWith unemployment rates soaring due to the COVID-19 pandemic, people owing debt are struggling to pay their bills and find they need to prioritize which ones to pay.
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