What are the consumer protection laws that apply to alternative credit scoring?

Sep 23, 2021 ... Abstract. This paper covers a scoping review to establish the breadth of alternative credit scoring literature. The field is nascent and gaining ... Jul 12, 2023 ... ... Credit Data. -13-. Page 14. Trends in alternative data adoption. ▫ Lenders are increasingly using traditional credit scoring, alternative data ... Alternative credit data looks beyond traditional credit data, which typically focuses on long-established credit activities. These expanded credit insights, ... Jul 9, 2024 ... ... can now pledge mortgage collateral using VantageScore credit scores as an alternative to the Classic FICO credit score model. Aug 6, 2021 ... Now a preprint study in which researchers used artificial intelligence to test alternative credit-scoring models finds that there is indeed a ... Oct 16, 2023 ... Including this alternative data into scoring models will expand homeownership opportunities for creditworthy borrowers and make scores more ... Jan 8, 2025 ... Discover how non-traditional data sources—such as utility payments, social media insights, and behavioral patterns—can revolutionize credit ... Janine S. Hiller, Fairness in the Eyes of the Beholder: AI; Fairness; and Alternative Credit Scoring, 123 W. Va. L. Rev. Feb 12, 2025 ... Discover how alternative data enhances credit scoring, helping lenders to better assess creditworthiness and predict defaults. Jul 25, 2019 ... Credit and Finance. Examining the Use of Alternative Data in Underwriting and Credit Scoring to Expand Access to Credit. Aaron Rieke. Written ...