Credit Scoring and the Revolution in Debt

April 29th, 2014
in econ_news

by David A. Price - EconFocus, Federal Reserve Bank of Richmond

Whether you are applying for a mortgage, signing up for a credit card, or thinking about how to finance a small business, you’ll quickly come face to face with one of the transformative developments of the digital age: the credit score. It doesn't enjoy the glamorous image of the social network or the smartphone — but much as those tools have spread access to information, the credit score has been a powerful catalyst in broadening access to credit.

Follow up:

[click on image below to read this post]

Source: http://www.richmondfed.org/publications/research/econ_focus/2013/q4/pdf/feature3.pdf









Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.















 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved