AI and credit scoring: How new technology is changing the landscape
Lenders’ assessment of creditworthiness is undergoing major changes thanks to artificial intelligence (AI) and machine learning. As these innovative technologies continue to evolve, they promise to greatly impact credit scoring and make accessing loans quicker and fairer. The Traditional Method of Credit Scoring The traditional FICO score has long been the standard for determining someone’s credit […]
How to apply for a credit card without applying for a credit card
Is there a way to see if you qualify for a credit card without officially applying for it? In fact, it is easy to know if you would qualify for a credit card with pre-approval or pre-qualification. This is simply a process in which a card issuer evaluates an applicant’s creditworthiness and gives an estimate […]
