This study is the final report on research that examines resulting credit score changes and consumer attitudes following the use of personalized credit education sessions by study participants. The credit education service examined is offered by a national credit bureau. Such services (offered by for-profit non-lender/non-creditor entities) are covered and inhibited by CROA.
CRA Credit Education Services: An Examination of Consumer Impacts
This study was designed to gauge the impact of a personalized credit education service from a national credit bureau on consumer understanding of credit reports and scores as measured by changes in credit scores and results from a participant survey.
The Impacts of Information Sharing on Competition in Lending Markets
This study examines how shifting to full file credit sharing systems might impact lender competition. It specifically explores whether bank concentration falls following a shift to full-file credit sharing.
Comparing FTC and PERC Studies on Measuring the Accuracy of U.S. Consumer Credit Reports
This report compares findings from the FTC and PERC studies on the data accuracy of U.S. consumer credit reports. The two studies have very similar results.
Credit Card Rewards: Context, History, and Value
This white paper gives a history and context for Credit Card Reward programs.
First Do No Harm: A White Paper on Cardholder and Small Business Operator Views About Credit Card Fees and Surcharges
This paper reflects consumer opinions and small business owner/operator viewpoints on government regulations regarding payment systems in general and credit cards in particular. The paper is based on survey results conducted by PERC and PERC/ORC.
The Credit Impacts on Low-Income Americans from Reporting Moderately Late Utility Payments
“The Credit Impacts on Low-Income Americans from Reporting Moderately Late Utiity Payments,” is a follow-up to the June 2012 report, “A New Pathway to Financial Access.” The new report addressess concerns some had about the impacts of reporting moderately late utility payments for low-income Americans.
Credit Impacts of More Comprehensive Credit Reporting in Australia and New Zealand
This report details the impacts of more comprehensive credit reporting in Australia and New Zealand. The report summarizes the results from a joint undertaking by PERC and Dun & Bradstreet Australasia using credit data from 1.8 million Australians.
A New Pathway to Financial Inclusion
This study compares results with data from2005/2006 and 2009/2010 credit reports to assess the consumer credit impact of including fully reported alternative data in credit reports. The data was selected to capture the period during which unemployment and late payments spiked.
U.S. Consumer Credit Reports: Measuring Accuracy and Dispute Impacts
This report assesses the accuracy and quality of data collected and maintained by the three major nationwide Consumer Reporting Agencies (CRAs): Equifax, Experian, and TransUnion. The study enabled consumers to review their credit reports and credit scores from one or more of the three CRAs, to identify potential inaccuracies, and to file disputes as necessary through the consumer dispute resolution process governed by the FCRA, and to report on their satisfaction with the dispute outcome. The impact of the disputes is measured through credit score and credit risk tier changes.