Cryptocurrency Q&A
What do banks use to check credit scores?
What do banks use to check credit scores?
Chiara
Tue Jan 14 2025
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7 answers
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I am trying to understand the process banks use to evaluate credit scores. I want to know what tools or methods they employ to check an individual's creditworthiness before approving loans or credit cards.
7 answers
MountFujiMysticalView
Thu Jan 16 2025
These scores serve as a crucial tool for assessing potential borrowers.
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Silvia
Thu Jan 16 2025
By utilizing FICO Scores, lenders can evaluate creditworthiness efficiently.
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Silvia
Thu Jan 16 2025
The scores enable lenders to make consistent decisions across different applicants.
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SejongWisdomKeeperElite
Thu Jan 16 2025
FICO Scores provide an objective measure of creditworthiness.
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Caterina
Thu Jan 16 2025
Lenders rely on FICO Scores to gain insights into an individual's credit risk.
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