CDIA study of credit reporting
CONSUMER DATA INDUSTRY ASSOCIATION RELEASES STUDY ON THE VALUE OF CREDIT REPORTING IN U.S. | CDIA (cdiaonline.org)
“This study highlights the value credit reports offer to consumers and the entire economy,” said CDIA President and CEO Francis Creighton. “It’s never been more important than right now to better understand how our credit reporting system empowers consumers to fairly engage in the economy. Our study takes a hard-look at how our most vulnerable populations can build credit and gain financial inclusivity. This is critical, fact-based information that policy makers, academics, non-profits and others can use when examining how to address important challenges facing America.”
It is important to share this information at a time when our economy faces unprecedented challenges. Many people are looking for answers to close the gap of inequality and improve financial inclusion. The benefits of the credit reporting system will be evident more than ever during the current economic recovery.
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