tillful

MARCH 8, 2023

Over the past two decades, the financial services industry has been gravitating towards a more comprehensive approach to credit risk assessment. Credit scoring models alone don’t tell the whole story, so companies are looking to alternative credit data to fill in the gaps. Here are a few examples.

Credit Scoring 59

Credit Scoring Credit Reporting Agencies Bankruptcy Credit Risk 59

CreditStrong for Business

MARCH 23, 2023

Many aspects of the credit scoring system in the United States have remained virtually unchanged since the start of the 1990s, but it’s still a source of confusion for many Americans. In fact, roughly 40% of consumers report having no idea how credit scores work. What Is a Credit Score?

Credit Scoring 59

Credit Scoring Credit Reporting Agencies Credit Card Companies Credit Risk 59

Fundera

APRIL 12, 2016

Your credit score is a three-digit number that gives potential lenders an idea of how likely it is that you’ll be able to pay off debt. The higher, the better: most credit score ranges begin at 300 and increase until 850. If you have a score of 850, you get a million gold stars and the best possible loan options.

Credit Scoring 68

Credit Scoring Credit Reporting Agencies Credit and Collections Credit Card Companies 68

Fundera

SEPTEMBER 7, 2016

Let’s take a look at the numbers : In 2006, small business lending was thriving, with the 10 largest banks issuing $72.5 It’s hard to quantify your character, but Wells Fargo does so with your personal credit score. In Wells Fargo’s eyes, “character” is on the personal side and “credit” is on the business side.

Small Businesses 59

Small Businesses Credit Scoring Bankruptcy Credit Reporting Agencies 59