20 min
Episode 44: How Alternative Data Helps the Credit Invisible Banking on Experience powered by CRMNEXT
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- Technology
Okay, so the purpose of the credit score is to give lenders something upon which to frame a quick decision: Should I loan to you or not?
But not everybody has a credit score.
Those without one are called the “credit invisible” consumer market. But 99% of people pay a phone bill.
In this episode, I interview Steve Ely, CEO at eCredable, about using alternative data to help the 46 million credit invisible market build credit.
Okay, so the purpose of the credit score is to give lenders something upon which to frame a quick decision: Should I loan to you or not?
But not everybody has a credit score.
Those without one are called the “credit invisible” consumer market. But 99% of people pay a phone bill.
In this episode, I interview Steve Ely, CEO at eCredable, about using alternative data to help the 46 million credit invisible market build credit.
20 min