How Tech Companies Using Credit Scoring To Determine Eligibility

In the UK, tech companies are increasingly venturing into the financial sector, offering products like loans, credit cards, and buy-now-pay-later (BNPL) services such as Klarna. A critical component of determining eligibility for these financial products is credit scoring.  This system assesses a customer's creditworthiness and risk level, allowing companies to make informed lending decisions. Here's…