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Leveraging Alternative Data to Extend Credit to More Borrowers

FICO

Instead, innovative analytic firms such as FICO are investing in identifying new predictive and compliant data sources to build models that accurately assess if underserved borrowers are in a position to successfully take on a new credit obligation. In the U.S., Our testing has found that as many as 15 million U.S.

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Top 5 Scores Topics of 2021

FICO

It is relied upon by stakeholders across the entire lending ecosystem – from regulators, investors and boards to consumers, lenders, and brokers – as a baseline metric for assessing credit risk that is fair to both lenders and consumers. . FICO Fact: Do FICO Scores Consider Telco And Utility Data? Each year, we share the average U.S.