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CFPB: Consumer Finance Background Impacts How People Establish Credit Histories

June 08, 2017
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CFPB: Consumer Finance Background Impacts How People Establish Credit Histories

June 08, 2017
The Consumer Financial Protection Bureau (CFPB) released a study Wednesday (June 7) that shows the way consumers establish their credit history can differ based on their economic background. According to a release by the government watchdog, consumers in low-income areas tend to become credit-visible due to negative records like a bad debt collection at a […]