What are the potential societal benefits of alternative credit scoring?

Mar 22, 2019 ... National Taxpayers Union filed comments this week with the Federal Housing Finance Agency on the possibility of using alternative credit ... Janine S. Hiller, Fairness in the Eyes of the Beholder: AI; Fairness; and Alternative Credit Scoring, 123 W. Va. L. Rev. Mar 21, 2022 ... MO Technologies Chooses Esri's ArcGIS Platform to Support Alternative Credit Scoring Tool ... The product also works in tandem with MO Score, the ... Jul 12, 2023 ... ... Credit Data. -13-. Page 14. Trends in alternative data adoption. ▫ Lenders are increasingly using traditional credit scoring, alternative data ... Profit scoring systems, such as the one proposed in the paper, can help lenders to decide their fund allocation. Lenders may select loans to maximize the ... Aug 16, 2022 ... An alternative credit score uses data that isn't used in traditional credit scoring models, called alternative data. Here's why alternative ... Jan 20, 2025 ... My work contributes socially by improving access to finance for the un- and underbanked, as well as academically by filling gaps in research. A ... Sep 20, 2022 ... Less than half of all U.S. adults have access to prime credit because of their credit score. But new LSU and Harvard University research ... While alternative credit scoring may ultimately benefit some consumers, it also poses significant risks. Credit-scoring tools that integrate thousands of ... May 8, 2024 ... This type of alternative data for credit scoring encompasses various non-traditional financial indicators such as rent payment histories, incomes from gig jobs ...