Post Tagged with: "alternative scoring models"

Alternative Credit Scoring Helps Widen Pool of Eligible Borrowers

Alternative Credit Scoring Helps Widen Pool of Eligible Borrowers

Alternative scorers have built models that report more quickly and frequently than traditional scorers, and have access to consumers that would otherwise be difficult to reach. These are the so-called ‘underbanked,’ a pool of consumers that use nontraditional financial services out of need or preference.