If your outdated or lack of credit history is causing you to be denied, there could soon be help.
The Consumer Financial Protection Bureau is asking for feedback using things like cell phone bills and rent payments, even social media activity to make lending decisions.
Credit scores are typically based on things like financial records that show debt amounts and whether any debts have been sent to collectors.
The bureau said using alternative information might be a way to show lenders those people will repay a debt as agreed, but there's also a concern the alternative information could be inaccurate or incomplete.
Find more information from the Consumer Financial Protection Bureau here.