Survey Reveals Consumer Credit Concerns and Launch of CreditBuilderIQ by IDIQ®
Are you one of the many consumers who are unsure about how to effectively strengthen your credit profile? If so, you’re not alone. A recent survey conducted by IDIQ® revealed that 82% of consumers want to learn how to improve their credit score, highlighting a common concern among individuals looking to enhance their financial well-being.
The report, titled “The Modern Credit Challenge: Mortgage & Real Estate Professional & Consumer Research,” also found that 76% of consumers have at least two derogatory marks on their credit report, 74% have non-optimal credit utilization, and 67% have a debt collection on their report. With 59% of consumers planning to purchase a car or home in the next year, it’s clear that having a strong credit profile is essential for achieving major financial goals.
In response to these findings, IDIQ launched CreditBuilderIQ®, a new credit-building tool designed to help consumers take control of their credit journey. This all-in-one smart software provides personalized credit-building tools to consumers, empowering them to make informed decisions about their financial health.
CreditBuilderIQ offers a range of features that benefit both partners and consumers. For partners in the mortgage and lending fields, the platform includes Score Trigger Alerts that provide updates when clients reach set credit score goals. For end-user consumers, the tool offers Gameplan Cards that provide education and actionable steps to build credit, such as increasing credit limits and exploring secured card and builder loan options.
In addition to these features, CreditBuilderIQ includes AI-driven interactive credit analysis, personalized score factors, dispute generation, and credit reports and scores from all three major credit bureaus. The platform also offers utility payment reporting and will soon introduce rental payment reporting, providing users with a comprehensive view of their credit profile.
If you’re interested in learning more about how to strengthen your credit profile and achieve your financial goals, visit www.creditbuilderiq.com to download the full report on “The Modern Credit Challenge.” You can also explore partnership opportunities with IDIQ to offer CreditBuilderIQ to your clients by visiting www.CreditBuilderIQ.com/partners.
Don’t let uncertainty about your credit profile hold you back from reaching your financial potential. With CreditBuilderIQ, you can take control of your credit journey and work towards a stronger financial future.
