Traditional credit scores are based almost entirely on historical financial data, and overlook a key factor of creditworthiness: personal character.
Personal character traits are critical for good borrowers’ behaviors, and look beyond financial situations to better assess a borrowers’ willingness to repay.
Worthy Credit is a very brief psychometric survey that measures such traits among new or prior loan applicants.
Worthy Credit provides additional positive data to help reapprove the many millions of otherwise declined underbanked and marginal loan applicants.
Good people should have access to affordable credit, and lenders should be able to identify good people.
Now they can.