Let’s Narrow The Racial Wealth Gap By Using An Alternative Scoring Model
…that uses a larger swaths of data to determine credit sores, like payments such as rent, utilities, cell phones, cable, etc. Why, because including these payments can more accurately report the credit behavior of a larger numbers of consumers. We need to ‘speak out’ against outdated credit scoring models and insist upon the ore inclusive credit scoring models.
Persons like Michael Grant can advise or tell us which new credit scoring models would serve us best.