A "thin file" in the credit world refers to someone who has little or no credit history. A large number of millennials fall into this category due to higher student loan balances and being reluctant to take on more debt. Many thin-file millennials have average income levels and assets similar to their thicker-file counterparts. Even millennial bankcard balances average half of the balances maintained by older members of the workforce. All of these factors make millennials a population worthy of
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Credit score need work? Don’t panic. There are always practical steps you can take to help get things moving in the right direction 💡 Here are the top 10 reasons for a low credit score: https://www.checkmyfile.com/help-centre/articles/why-is-my-credit-score-low-10-reasons Start by seeing where you stand at Checkmyfile. If you need support, our UK-based customer care team is in your corner. Follow us for credit health tips. #checkmyfile #credit #creditscore #creditreport #finance | Checkmyfile
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