VantageScore study shows that outdated conventional scoring models lead to an increase in marginalized consumers facing unfair hardships when applying for credit VantageScore® Solutions, LLC, the company behind the VantageScore credit scoring models, released the results of an analysis that shows that the population of consumers who are conventionally unscoreable (i.e., those that fail to meet the minimum scoring requirements of widely used conventional credit scoring models) has grown from approximately 30-35 million in 2010 to approximately 40 million in 2018. Through no fault of their own, these consumers would fail to meet the requirements for automated underwriting processes widely…Continue Reading

The Washington Post By Michelle Singletary Lenders are offering a wide variety of help to workers impacted by the partial government shutdown, but one type of assistance in particular can save your credit rating. I’ve heard from some readers who fear that their credit scores will drop if they miss a loan payment due to not getting their paychecks. And they aren’t being paranoid. Your credit score is used as part of the lending process to determine how much of a credit risk you might be. The higher your score, the better borrower you are considered to be. The biggest…Continue Reading

California is the mecca of vacation attractions and excitement. It’s known for its beautiful scenery and infamous weather year-round. If you’re planning a family trip, you have your pick from Universal Studios Hollywood, Discovery Kingdom,…
The post Best Cities to Visit in Southern California appeared first on Geeky Traveller. …Continue Reading