eCredable Blog - Learn to Build Credit

The COVID-19 pandemic has impacted our lives in many ways, and for some - it has impacted our credit scores.

Last month, the White House announced that more than half of American adults would soon have access to free credit scores through their credit card issuers. Soon after, Citi began sharing scores with its cardholders. Last week, upstart VantageScore announced it was making in-roads with lenders and is about to serve its 1 billionth score. This week comes word from FICO, the folks who supply the most commonly-used credit score, that it will for the first time make 18 different versions of its FICO score available to consumers — for a fee.

How to leverage Alternative Data (like phone and utility bills) to impact traditional credit scores like FICO and VantageScore