Open Banking
The Wall Street Journal: Want a Better Credit Score? Soon, Your Cellphone Bill Could Help
The Wall Street Journal explains the new Experian Boost with consumer-permissioned data compiled by Finicity. Consumers, especially those with thin files or scores between 580-670, will have even more control over their credit score by providing utility and cellphone payment data which will in turn be added to their credit reports. Read more here (paywall).