For a wacky and whip-smart approach to the week's news and newsmakers, listen no further than Wait Wait...Don't Tell Me!, the oddly informative news quiz from NPR.
New Bill Would Give Credit Score To Nontraditional Borrowers
If you do not have a credit card or a mortgage payment, it is tough to get a bank's attention when you are asking for a loan. It is a Catch 22, how do you get credit if you do not have credit?
Congress is considering a bill called the Credit Access and Inclusion Act that would make it easier for nontraditional borrowers to show they are worthy of the risk. Supporters say it would give a credit score to millions of people who had previously been invisible to banks.