Over at Fast Company, Steven Melendez wrote a story covering the recent push by the consumer reporting industry (Equifax, Experian, TransUnion, LexisNexis etc.) to use what is called “alternative” credit data.

This comprises things not available on traditional credit/consumer reports: utility bills, rent, asset ownership, and the like.

The story points out correctly that using this alternative data can hurt folks already at odds with the current credit reporting regime due to having a “thin” file.

Click here to read the story.

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