Big Banks Could Approve You for Credit Without a Credit Score – U.S. News & World Report
- June 7, 2021
- By: Greenpath Financial Wellness
U.S. News and World Report shares GreenPath’s insight into a pilot program that will review information from deposit accounts to expand access to credit.
A new federally backed pilot program, featuring some of the nation’s biggest banks, aims to help people open a credit card even if you have no credit score. The goal is to help underserved but financially responsible Americans gain access to credit.
GreenPath Financial Wellness Counselor, Jeff Arevelo, shares the pros and potential pitfalls of the program, how to manage credit wisely, and how people can build credit on their own.
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