Expansion of its credit reporting platform enables companies to help more consumers build credit and establish a more accurate risk profile

RentPlus launches initiative with Fannie Mae to help renters build credit through on-time rent payments

In a nationwide survey, 58.6% of U.S. adults (ages 25+) who paid for professional credit repair services received a 75 point credit score increase or higher. Credit repair services were also shown to be more effective when consumers stayed with the repair company for over 6 months. But buyer beware! 12% of respondents thought the repair company's business practices were 'Shady' or 'Borderline illegal.'

U.S. adults (ages 20 to 29) who were added as authorized users to credit cards were nearly 2x as likely to have a 680+ credit score than non-authorized users. The 'authorized user effect' may be a more significant variable to credit score than race, income, or education.