Lending decisions around housing, vehicles, and other services have long been based on a borrower’s credit score or their ability to evidence regular employment — a formula that no longer fits our economy.
To shed light on this issue, Argyle surveyed 1,226 workers reporting 1099 earnings as either a primary (55.1%) or partial (44.9%) source of income. We learned about their experiences with lending institutions, barriers to financial access, and innovations that could change their lives for the better.
To review the full report, download the full survey here.
