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Experian Provides Solutions To Help Black Consumers Enrich Their Finances

Photo credit: Courtesy of Experian

More than 106 million people have limited financial resources, which can exclude them from obtaining mainstream

credit. And among these alarming stats, 27% of Black consumers are either credit invisible or not
scorable, (meaning they have no or little credit history, which may impact their ability to establish a credit score
, thus, limiting their access to credit), compared to 16% of White and Asian consumers. As such, this gap makes it much harder for many individuals to buy homes, cars, and build generational wealth.
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