How can continuous dialogue and education foster greater understanding and trust in alternative credit scoring among all stakeholders?

Feb 18, 2025 ... Alternative credit scoring is changing the way lenders assess risk. By using simple, clear, and modern methods, this approach makes it easier to ... Aug 8, 2024 ... Alternative credit data refers to nontraditional data that lenders use to assess a borrower's creditworthiness, especially when there is limited ... If these issues are not addressed, alternative data-driven credit-scoring systems can potentially amplify transparency and discrimination issues, preventing ... these scores help lenders quickly assess the risk associated with lending to a particular borrower. Key challenges of MSME access to finance include a lack of ... Jan 30, 2025 ... Indonesia's Financial Services Authority (OJK) has issued a new regulation on the licensing of alternative credit scoring providers (ACS Providers). Mar 17, 2020 ... Pros and cons of alternative credit scoring models. The biggest advantage of alternative credit scoring is that more borrowers can qualify for ... Feb 10, 2022 ... Alternative data promise to expand access to loans for the more than one in seven adult Americans who lack an established credit score, Chopra ... Jun 28, 2023 ... Several fintechs leverage alternative data such as rent payments to help consumers improve their credit scores. For example, RentPlus and ... Mar 30, 2020 ... A natural follow-up question is whether we can use the social and mobile footprint vari- ables to come up with an alternate credit scores for ... Oct 16, 2023 ... Including this alternative data into scoring models will expand homeownership opportunities for creditworthy borrowers and make scores more ...