How the Mobile Wallet Might Impact Your Credit Score
E-wallets are going mainstream, and as more consumers buy in they should be questioning whether the technology could affect their credit score. Consumers might not see an immediate parallel, but there are a few factors for mobile wallet users to consider. For one, the mobile wallet industry is still young, and the privacy and security of these systems are a work in progress. Also, mobile wallets make it easier to impulse shop, and the jurys still out on whether such devices like Google Wallet and PayPals digital wallet could negatively impact ones financial behavior.