Experian Expands Sources for Credit Scores Featured

By Staff Writer December 21, 2018

Experian will launch Experian Boost, a free online platform that allows consumers to influence their credit scores.

Through the new platform, consumers can grant permission for Experian Boost to connect to their online bank accounts to identify and access utility and telecommunications payments. After a consumer verifies the data and confirms they want it added to their Experian credit file, an updated FICO Score is delivered in real time.

Experian expects consumers with thin credit files (less than five trade lines) and scores between 580 and 669 will benefit the most from the new product.

Last modified on Friday, 21 December 2018 13:59

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