Whether or not you have a good credit history can have a huge impact on lots of things in your life.
But one in 10 American consumers has no credit history, according to a study released Wednesday by the Consumer Financial Protection Bureau.
The research found that about 26 million American adults have no histories with national credit reporting agencies such as Equifax, Experian and TransUnion. In addition to those so-called credit invisibles, an additional 19 million have credit reports that are so limited or out of date that they are unscorable. In other words, 45 million American consumers are living without credit scores.
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Photo courtesy of: Lucas Hayas