Experian Targets ‘Credit Invisible’ Borrowers With Cashflow Score

Experian has launched a tool designed to increase financial access for people with limited credit history.

Cashflow Score, unveiled Tuesday (March 25), is designed to give lenders a clearer view of applicants’ financial behavior, aimed at helping people with little to no credit history improve financial access using only bank account data.

“We believe in a future where the power of credit data can be augmented with cashflow insights to enhance decisions and ultimately bring more consumers — including those who are traditionally underserved — into the financial ecosystem,” Scott Brown, group president for Experian’s financial and marketing services, said in a news release.