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IBT: Wireless Carriers Offer ‘Bad Credit’ Phone Plans to Riskier Customers

by U.S. Financial Diaries

The International Business Times featured USFD data as part of a larger piece on new wireless plans for customers with poor credit history.   Earlier this week, launched a new service that allows users with bad credit to sign up for a 2-year contract if they've paid their bills on time for 12 consecutive months. 

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NYT: In Lending Circles, a Roundabout Way to a Higher Credit Score

by U.S. Financial Diaries

Earlier this week, The New York Times published a feature on new initiatives aimed at bringing informal savings groups into the formal financial sector:

While informal lending circles among families, acquaintances, co-workers and neighbors are familiar to hundreds of millions of people all over the globe, they are rarely recognized by mainstream financial institutions.

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