Credit Invisibles

By Steven Shaw on 12/5/2017

Approximately 11% of the U.S. population has no credit file, which makes them "credit-invisible"* With no credit history, these individuals often face significant barriers to obtaining credit - which gives financial institutions a unique opportunity to help. Here are some insights from a nationwide online survey of 450 credit-invisibles consumer conducted between July 31and Ag. 16, 2017.