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Borrowers with Less-Established Credit May be More Likely to Repay
National Mortgage News, Apr. 7, 2022–Bonnie Sinnock (subscription)
U.S. consumers who had a single tradeline and then added a new one within the next two years had far lower delinquency rates than their peers with more established track records, TransUnion found in a new study.
https://www.nationalmortgagenews.com/news/borrowers-with-less-established-credit-may-be-more-likely-to-repay