Mmastodon BusinessBanking first seen 14 h ago, last 13 h ago, peak #7
Lenders in India turn to bank statement analysis over credit scores
Original: A credit score tells a lender how a borrower has repaid credit in the past. It says very little... # backend # fintech #
Discussion in fintech circles is focusing on the limits of traditional credit scores, which only show how a borrower has repaid credit in the past. Bank statement analysis for lenders in India is being highlighted as an alternative, giving a fuller picture of cash flow and financial behaviour beyond the score itself.
Why now: Fintech developers and lenders are debating alternatives to credit scores as bank statement analysis tools gain traction in India.
Indiafintech lenderscredit scoresbank statement analysis
Rank over time, top of the chart is #1. 2 snapshots from 14 h ago to 13 h ago.
Evidence
- A credit score tells a lender how a borrower has repaid credit in the past. It says very little... # backend # fintech # software # coding # development # engineering # inclusive # community Bank Statement Analysis for Lenders: How It Works in India · hackaday@www.urbanmind.net · 2
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