Experian’s latest analysis reveals that Credit Builders Alliance (CBA) tradelines are accelerating credit access for underserved consumers. Of previously unscored borrowers, 70% moved into prime or near-prime status within 12 months, substantially outpacing the 48% of all unscored U.S. borrowers who achieved the same milestone. Deep subprime consumers with a CBA tradeline saw an average 48-point VantageScore® increase over one year. These results underscore Experian’s role in partnering with CBA’s network of nonprofit lenders and community organizations to report loan performance, provide financial coaching and deliver credit-building tools, thereby enhancing financial inclusion and expanding the addressable market for mainstream credit products.

In a recent Perceptions of AI Report conducted by Phronesis Partners, Experian surveyed over 200 financial institution executives on AI investment priorities. Eighty-four percent of respondents rated AI as critical or a high priority for their business strategy over the next two years, and 89% expect AI to play a decisive role across the lending lifecycle. Key anticipated benefits include improved operational efficiency, more accurate credit decisioning and enhanced risk mitigation. However, 73% cited regulatory concerns and 65% pointed to data readiness as significant hurdles. Experian’s advanced data ecosystem and analytics platforms—highlighted by recent enhancements to the Experian Ascend Platform—are positioned to address these challenges by delivering transparent, explainable AI models built on high-quality data, driving faster model deployment and stronger compliance outcomes.