How does Stilt give loans to people who banks and credit unions deny for a loan?

We are able to give loans to individuals that bank and credit unions decline because we look at more than just your credit report/ credit score. Here are some main factors that we also take into account when reviewing an application: 

1. Current Employment or Employability
2. Education/Work Experience: 
3. Financial Behavior: 
4. Derogatory Fees:
5. Defaults/Collections/Bankruptcies:
6. Visa Status
7. Information Accuracy
8. Credit Check/Credit Score (only for applicants with SSN)

By looking at all these factors we are often able to approve individuals that banks and credit unions deem as too risky.