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Does the Age at Which a Consumer Gets Their First Credit Matter? Credit Bureau Entry Age and First Credit Type Effects on Credit Score

Lucas Nathe

No 2021-07-15-1, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: The consumer credit market plays a prominent role in the financial life of U.S. households. Consumers' credit histories and, in particular their credit scores, are key factors that determine their access to credit and the price at which they borrow.

Date: 2021-07-15
New Economics Papers: this item is included in nep-ban and nep-pay
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2021-07-15-1

DOI: 10.17016/2380-7172.2918

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