Tag: credit scores
Push Back on the Racial Wealth Gap—A Shelterforce Webinar
Authors from Shelterforce’s recent series about the racial wealth gap and other experts talk wealth building, wealth extraction, and the tools available to help close the gap.
Q: Can Including Rent and Utility Payments in Credit Scores Reduce...
Including rent and utility payments in credit reports and scoring models can increase credit scores, and reduce racial disparities in credit scores.
After Redlining: Part 2
Headrights and redlining were parts of a systemic structure designed to aid some and debilitate others. Their repercussions are still felt.
An Opportunity for Housing Providers to Help Renters Build Credit
Of the 987 low-income renters whose rents were reported through a pilot program, 79 percent saw their VantageScore increase by an average of 23 points, and 15 percent moved into a lower credit score risk tier.
Shelter Shorts, The Week in Community Development—July 27
Facebook Takes Our Advice | Work Requirements for Foster Youth? | Public Housing Smoking Ban Takes Effect | Amazon, Still a Bully? |
Shelter Shorts—The Week in Community Development-Feb. 16
Gentrification's Off the Hook | Double Housing Discrimination | Medical Care for the Homeless | It's Still Expensive to be Poor | A Robust Economy Lifts "Some" Boats
When a Person’s Character Trumps Their Credit Score
Some CDFIs approve loans based on a person’s character instead of their credit score. But they only recommend doing so when you know the applicant.
Challenging the Almighty Credit Score
A majority of mainstream lenders base loan approvals on a hotly debated three-digit score. Are there better, fairer ways to assess risk?
Relaxing the Credit Crunch
Three years after the financial meltdown, credit remains elusive in many underserved communities. Although the reliance on credit scores is greater now than it’s been in a decade, many housing activists and community lenders are arguing for other means to evaluate credit risk.
Does the Current Reliance on Credit Scores Deny Deserving Applicants?
Last week, we asked readers if credit scores were too much of a driver in home loan approval. You answered overwhelmingly that yes, credit...