Sunbit focusing on short-term credit data to reach more borrowers
Sunbit, a point-of-sale lending company, is using recent credit file data to underwrite borrowers without FICO scores. Specializing in non-discretionary ...
Tag: FICO
How credit startup Deserve aims to reach the ‘unscoreables’
When Kalpesh Kapadia moved to the U.S. from India as a student more than 20 years ago, access to credit ...
As Rates Rise and Recession Threatens, Alternative Lenders Batten Down the Hatches
LAS VEGAS - The CEOs of Prosper Marketplace, Lending Club, and Social Finance Inc. all spoke to a common theme ...
Banking and Tech Sectors Earn Low Marks in Cybersecurity Assessment
The banking and finance sector earned the second lowest score in the first Assessment of Business Cybersecurity report released Thursday ...
What Petal’s Partnership With WebBank Could Mean for Credit Card Industry
EXCLUSIVE – Are credit cards the next big hot spot for fintech takeover? That’s what startup Petal hopes its partnership ...
Climb Credit Offers New Model in Student Lending Product
EXCLUSIVE - Nearly a third of Americans have low FICO scores, and this can mean difficulties in securing loans to ...
Don’t Send Payment Reminders with Social Media, FICO Says
Consumers still aren’t comfortable receiving notifications like late payment reminders through social media channels, a study released today by FICO ...
The Rise of Alternative Data in the Lending Market
EXCLUSIVE - There were conflicting views on the importance of the FICO score at the PayThink Conference in Phoenix this week. ...
No Credit Score? Say Hello to Petal Card
EXCLUSIVE - With its first credit card out today, New York fintech Petal aims to serve the “credit invisible,” according ...
New Products, New Retailers: Affirm is on a Roll
This has been a good year for Affirm, the lending startup established by PayPal co-founder Max Levchin. The San Francisco-based ...
