What are the potential benefits and drawbacks of government involvement in alternative credit scoring?

Jan 30, 2025 ... Indonesia's Financial Services Authority (OJK) has issued a new regulation on the licensing of alternative credit scoring providers (ACS Providers). Also see Janice Horan, “FICO® Scores and the Credit Underserved. Market.” Paper presented at the Roundtable on Using Alternative Data Sources in Credit Scoring ... 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 ... Feb 25, 2025 ... Alternative credit scoring models include alternative credit data, such as rent payments or transactional activity, in addition to or as a ... Janine S. Hiller, Fairness in the Eyes of the Beholder: AI; Fairness; and Alternative Credit Scoring, 123 W. Va. L. Rev. 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 ... Moving from the current Classic FICO credit score model to require lenders to use two credit scores generated by the FICO® Score 10 T and the VantageScore® 4.0 ... NAR supports competition in credit scoring and alternative credit scoring models aimed to responsibly expand mortgage credit for millions of hardworking ... Feb 16, 2017 ... In the consumer financial marketplace, alternative data refers to information used to evaluate creditworthiness that is not usually part of a ... Aug 5, 2024 ... Alternative credit scores are an evaluation method for assessing an individual's creditworthiness. They are used instead of traditional credit ...