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


1 comment

  • Official comment
    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.

    About Stilt:

    Stilt provides loans to international students and working professionals in the U.S. (F-1, OPT, H-1B, O-1, L-1, TN visa holders) at rates lower than any other lender. Stilt is committed to helping immigrants build a better financial future.

    We take a holistic underwriting approach to determine your interest rates and make sure you get the lowest rate possible.

    Learn more about us on Wikipedia or visit us at https://www.stilt.co. If you have any questions, send us an email at team@stilt.co.

    Comment actions Permalink

Please sign in to leave a comment.