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OnlineFirst - "Unravelling neighbourhood change: Decomposing the effects of residential mobility and incumbent change on credit access in California" by Alex Ramiller:
#neighbourhoodchange #residentialmobility #socialmobility #gentrification #creditscores
https://journals.sagepub.com/doi/full/10.1177/0308518X251369351

#YoungAmericans are increasingly using “buy now, pay later” (#BNPL) #loans for both #necessities and #discretionarypurchases, driven by #economicpressures and the #easeofapproval. While #BNPLloans offer flexibility, they may encourage #overspending and could potentially impact #creditscores in the future. https://www.wsj.com/personal-finance/credit/the-perils-of-buying-botox-and-concert-tickets-with-buy-now-pay-later-loans-23a59c7e?eicker.news #tech #media #news

FICO to incorporate buy-now-pay-later loans into credit scores

https://www.axios.com/2025/06/23/fico-credit-scores-bnpl-buy-now-pay-later

#HackerNews #FICO #BNPL #CreditScores #BuyNowPayLater #Finance

📣Join us this Wednesday for our weekly workshop: Understanding Credit.

Demystify credit scores, credit reports, and debt management. Learn to build and maintain excellent credit to achieve your financial goals.

Enhance your financial skills and confidence. Visit https://www.pennyforward.com/membership/ to become a member and access our workshops!

#FinancialEducation #MoneyManagement #CreditScores #DebtManagement

Parents Gaming #Kids’ #CreditScores
Credit scores are meant to be neutral measures of someone’s financial reliability, but in practice, they’re an easy way for some better-off families to give children an early financial advantage. Services promise to help parents ensure kids enter adulthood with good scores. When parents add children as “authorized user” on their #creditcard, makes parents spending and payment habits a part of her credit history.
https://www.theatlantic.com/family/archive/2025/01/credit-score-authorized-usership-parenting/681255/
https://archive.ph/GFA4T

In other words, the better educated/organised a purchaser is the more they will likely pay their credit card bills on time? https://theconversation.com/no-credit-score-a-grocery-list-could-be-the-next-best-thing-234887 #groceries #creditscores #foodstudies #humanbehaviour

The rules set to be announced Tues would ban #credit reporting agencies from incorporating #medical #debt when calculating #CreditScores…. The rules would also bar #lenders from using #MedicalDebt to determine #LoanEligibility, they said.

…~15M Americans have medical #bills on their credit reports, acc/to a study released in April by the #Consumer #Financial #Protection Bureau. …People affected by medical debt disproportionately live in the South or in low-income communities….

#BidenHarris2024

Saving Money: The First Step to Financial Freedom

Read more 👉 https://lttr.ai/AIlqT

#FinancialDestiny #FinancialManagement #Dark #Budgeting #CreditScores #DebtManagement #FinanceAndBusiness #CustomWoodSign #Marked*Save #FinancialDreamsAlive

Money Management: The Foundation of Financial Success

Read the full article: Master Your Money: The Ultimate Guide to Financial Freedom
▸ https://lttr.ai/AIasS

#FinancialDestiny #FinancialManagement #Dark #Budgeting #CreditScores #DebtManagement #FinanceAndBusiness #CustomWoodSign #Marked*Save #FinancialDreamsAlive

Master Your Money: The Ultimate Guide to Financial Freedom
▸ https://lttr.ai/AITl1

#FinancialDestiny #FinancialManagement #Dark #Budgeting #CreditScores #DebtManagement #FinanceAndBusiness #CustomWoodSign #Marked*Save #FinancialDreamsAlive

Biden administration to ban medical debt from Americans' credit scores

https://www.cbsnews.com/news/biden-administration-to-ban-medical-debt-credit-scores/

#BidenAdministration #MedicalDebt #CreditScores #Americans #Ban #CBSNews #Politics #News

"Our results support the idea that deferring green #investments will increase costs of borrowing for nations, which will translate into higher costs of corporate #debt."

"While developing nations with lower #CreditScores are seen hit hardest by the physical effects of #ClimateChange, nations with the highest ranking credit scores were likely to face more severe #downgrades simply because they have furthest to fall."

https://www.reuters.com/business/environment/climate-change-puts-sovereigns-downgrade-risk-study-finds-2023-08-06/

A key part of loan decisions is a mystery to many people. #CreditScores summarize how well individuals repay debt over time. Based on that repayment behavior, the credit scoring system assigns people a single number ranging from 300 to 850.

The two most important factors in credit scores are how promptly past debts have been paid and the amount the individual owes on current debt.

Here’s more information:

https://theconversation.com/how-do-credit-scores-work-2-finance-professors-explain-how-lenders-choose-who-gets-loans-and-at-what-interest-rate-205984

#Tips #Credit #Money #PersonalFinance

A man holds a smartphone showing an image of an individual's credit score in the green zone on a continuum from red to green..

🤔 TransUnion To Bring Credit Scoring To Blockchain. Credit scores will be hitting Blockchain lending soon. Consumers on Web 3 and DeFi applications will have new lending options.

Learn more. Read the news blog article here 👉 https://buff.ly/3NxaS80

#transunion #creditscores #cryptonews #crypto #blockchain #web3

#CreditScores

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