Consumers Credit Score in Seconds

With the help of data science, credit scoring has become more future-oriented. In this way, more borrowers get access to credit today, which better stimulates their current financial situation and predicts their future outlook.

Unlike traditional credit scoring methods (e.g., the scorecard method) focusing on the past performance of the borrower, the AI credit scoring , developed by Ray Networks is more sensitive to real-time indicators of the potential borrower’s creditworthiness, such as the current level of income, employment opportunities, and their potential ability to earn.

In addition, this creates new opportunities for existing and new lenders to apply innovative financing models, apps and channels.