Post Profile

Snooping in the Bathroom to Assess Credit Risk in China

Extensive consumer databases are not in place for lenders to check, but companies are scrambling to crack the credit code.
read more


Related Posts

Even More Credit Scores: Good or Bad For Consumers?

Business & Finance / Personal Finance : Time: Business

In theory, your credit score should be simple: three digits that correspond to how big of a risk lenders take when they extend credit to you. But in practice, it’s anything but. Consumers are frequently stymied by a bevy of differen...

Wells Fargo Closes Business Checking Account of "Mortgage Lender Implode-O-Meter" Citing "Credit Risk"

Business & Finance / Economics : Mish's Global Economic Trend Analysis

I received an email yesterday from Aaron Krowne, founder of the Mortgage Lender Implode-O-Meter site stating that Wells Fargo had closed a business checking account for ML-Implode citing "credit risk". I asked Krowne if the account ...

New Credit Card Complaint Database Makes Consumer Gripes Public

Business & Finance / Personal Finance : MintLife Blog

The Consumer Financial Protections Bureau recently introduced a credit card company complaint database, which, among other things, publicly displays consumer complaints about credit card companies. Read on to find out more.

Are Credit Card Companies At Risk From Alternative And P2P Business Lenders?

Business & Finance : Forbes: Business

According to a survey by, over one third of business owners use credit cards to finance business purchases. However, credit cards still get a bad rap for being debt traps. A lot of Peer2Peer and alternative lenders h...

Discriminatory lenders beware: Consumer watchdog is cracking down

Business & Finance : Money & Co

Lenders who discriminate against certain demographics when dealing with auto loans, mortgages, credit cards, student loans and more are now in the cross hairs of the new Consumer Financial Protection Bureau.


Copyright © 2016 Regator, LLC