Categories for Credit Assessment

Alternative Credit Data Sources: Pros and Cons

Synopsis: Alternative credit data sources give lenders more comprehensive information at lower costs but can also often need to be more accurate. Today’s article discusses the benefits and drawbacks of alternative credit data sources that lending institutions use to determine... View Article

What Are the Risks Associated with Informal Sources of Credit?

Synopsis: This blog delineates the risks inherent in accessing informal credit and expounds on the rationale for opting for formal lending institutions. There is no denying that accessing timely credit is essential to achieving individual empowerment and driving economic growth.... View Article