Sunday, 27 November 2016

No Credit History? No Problem. Lenders Are Looking at Your Phone Data

No Credit History? No Problem. Lenders Are Looking at Your Phone Data

Financial institutions, overcoming some initial trepidation about privacy, are increasingly gauging consumers’ creditworthiness by using phone-company data on mobile calling patterns and locations. By Olga Kharif.
Read more: https://www.bloomberg.com/news/articles/2016-11-25/no-credit-history-no-problem-lenders-now-peering-at-phone-data?source=Snapzu

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