Underbanked borrowers—including gig workers, recent immigrants, and those with thin credit files—are routinely declined by traditional models. These outdated approaches overlook consistent financial behavior and result in missed opportunities for both borrower and lender.
How Carrington Labs can help
Expand target markets
Reach more creditworthy borrowers outside traditional scorecards.
Approve more applications
Combine traditional data points with transaction data for a more holistic view of credit risk.
Maintain and grow margins
Boost returns with smarter pricing, loan or line limits, and ongoing risk monitoring.
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