Credit scoring is broken — buy now pay later can help ...Middle East

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Credit scoring is broken — buy now pay later can help
Credit is an essential fact of life, yet millions of Americans lack access to affordable, responsible credit options. As consumer advocates correctly point out, our nation’s broken credit scoring system is in desperate need of an upgrade. That’s because traditional credit scoring can be spotty in whether and how it collects relevant data and can generate opaque and unfair outcomes.   Credit scores are essential to more than getting a loan. They are increasingly important when renting an apartment, applying for home or auto insurance, or even getting a job. Yet, 45 million “credit invisible” Americans have thin credit files, and millions more are living with poor credit, locking them ou

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