As millions of Americans grapple with the economic realities of the COVID-19 pandemic, financial institutions are adapting to responsibly enable access to credit. This challenge is particularly acute among the growing population of underserved consumers who have been most severely affected by the crisis.
In this webinar, Nova Credit, Finicity, FinRegLab, and Credit Builders Alliance discuss today’s evolving credit reporting and consumer lending environment and highlight key steps that lenders can take to ensure a more inclusive and rapid recovery. Panelists explore how the latest developments in non-traditional data sources, new credit reporting standards, and broader policy changes can enable financial institutions to better serve and enable consumers to bounce back during these uncertain times.
Note: Hyperlinked above are a few resources referenced in this conversation.
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