What companies have been successful with social credit scoring system for loans?

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    Stilt Team (Edited )

    It is difficult to say whether these companies have been successful, but they have definitely been doing it for some time now. A lot of companies use social data as an additional signal, but not completely rely on it.

    Lenddo, Kreditech, and a few others have been using social data heavily to make lending decisions.

    Muhammad Yunus’s Grameen Bank was based on social credit scoring in a very non-technical way. This strategy has worked incredibly well for bottom of the pyramid people in developing worlds.

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