Results for tag: "Social Credit"

The Social Credit market is a business sector that focuses on the use of credit scores to assess the creditworthiness of individuals and businesses. It is a system of credit scoring that uses a variety of data sources to determine an individual's or business' creditworthiness. This data includes financial information, such as income, debt, and payment history, as well as non-financial information, such as social media activity and online behavior. The Social Credit market is used by lenders, insurers, employers, and other organizations to assess the risk of lending money or providing services to an individual or business. Companies in the Social Credit market include Experian, Equifax, TransUnion, FICO, and Credit Karma. These companies provide credit scoring services to lenders, insurers, employers, and other organizations. They also offer credit monitoring services to individuals and businesses, allowing them to track their credit scores and take steps to improve them. Show Less Read more