Pamela Yip: Pilot program may offer help for unbanked and underbanked consumers

April 13, 2015 5:30 PM

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People should keep a close eye on a recently announced pilot program by the company behind the widely used FICO credit score.

The program will use nontraditional criteria to identify creditworthy consumers. And if it's eventually adopted by lenders, it could really help the unbanked and underbanked.

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