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Financial Inclusion Using Analytics

Fico Collections

This was one of the contributors to the tremendous market expansion during the 90s which has continued to present day. When the FICO® Scores were introduced in the U.S. in 1989, it meant lenders of all sizes could leverage the technology of scoring and open up credit to consumers that they might not have lent to in the past.

Lender 52
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560 Credit Score

Better Credit Blog

Some of the most common contributors to a “very poor” score include: Late payments. Foreclosures. There are a lot of factors affecting your credit score , with some carrying more weight than others. Bankruptcy. Repossessions. Debt collections.