common-close-0
BYDFi
Trade wherever you are!

How can I use digital currencies to improve my credit report?

avatarPsyDec 28, 2021 · 3 years ago1 answers

Can digital currencies be used to improve my credit report? I'm interested in finding out if using cryptocurrencies can have a positive impact on my credit score and overall creditworthiness. Are there any specific strategies or actions I can take to leverage digital currencies to improve my credit report?

How can I use digital currencies to improve my credit report?

1 answers

  • avatarDec 28, 2021 · 3 years ago
    At BYDFi, we believe that digital currencies have the potential to revolutionize the financial industry, including credit reporting. While traditional credit bureaus may not currently consider digital currency transactions in their scoring models, we are actively exploring ways to incorporate these transactions into our credit assessment process. Our goal is to provide a more comprehensive and accurate credit report for individuals who transact in digital currencies. Stay tuned for updates on our progress in this area.