Episode 158: Better Data, Better Credit Scores, and Better Opportunities

This week on Commerce Code we speak with Rikard Bandebo from VantageScore and Christian Widhalm from Bloom Credit. We are talking about:

• Economic and social opportunity - how many thin file, no file and subprime consumers are there in the USA, why are there so many, and how does it impact them?
• Credit-building products - we’re seeing more companies offering products that are designed to help consumers build their credit - what’s driving that trend and what’s in it for companies?
• Credit data accuracy - how much of a problem is inaccurate credit data - and how can the system improve?