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CFPB comes up empty in quest to use remittance transfers to enhance credit score data
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Following up on a 2011 report on the potential of remittance transfers to improve credit scores for people with thin or poor credit profiles, the Consumer Financial Protection Bureau released a report detailing the results of empirical analysis conducted on the matter — and the report’s conclusions may not be what the bureau hoped to discover. Read on for a summary of the CFPB’s findings.
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