Alternative data: Difference between revisions
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* [[Political and Economic Research Council]] |
* [[Political and Economic Research Council]] |
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* [[PRBC]] |
* [[PRBC]] |
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===External Links=== |
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* [http://www.infopolicy.org Political and Economic Research Council] |
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Revision as of 21:27, 10 September 2008
In economic policy, alternative data refers to the inclusion of non-financial payment reporting data in credit files, such as telecom and energy utility payments. Only 39 of 178 economies (22 percent) have credit bureaus that currently track alternative data[1].
Alternative Data in the United States
In the United States, credit files include negative information negative information, such as delinquencies as well as positive information. Still, an estimated 35 to 54 million Americans have insufficient credit information to qualify for mainstream credit[2]. Research by the Political and Economic Research Council suggests that the inclusion of alternative data in credit files could bring many of these individuals into the credit fold[3]. Furthermore, these newly-scored individuals have risk profiles similar to those already in the mainstream credit system[4].
Alternative Data Internationally
References
See Also
External Links
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