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Survey: Consumers Are Ready to Use Alternative Data for Credit Scoring


While a handful of lenders are utilizing alternative data to help traditionally credit invisible consumers access loans and improve their credit score, Urjanet wanted to understand how American consumers felt about utilizing these types of data to paint a more accurate picture of their credit. Recently, Urjanet conducted a survey nearly 900 respondents to better understand their sentiments around credit scoring, and the results were surprisingly positive. Check out the results of the survey below: