ilmscore | Prediction Details
"53 percent of Americans are getting turned down due to bad credit and even worse 45 million Americans have no credit score whatsoever leading both Congress and big Banks to take matters into their own hands and develop a completely new credit scoring algorithm that would replace the current system as we know it allow people to get credit cards without having a credit score and take brand new items into consideration that could either help or hurt you depending on your situation and even more important but this is not just speculation or some random proposal from a no-name person in Congress this is actually beginning to go into effect right now"
By Graham Stephan | August 9, 2021 | Pending
From video
Congress Wants To Ban Credit Scores | Major Changes Ahead 00:00:22 - 00:00:56
Interpreted Prediction
A new credit scoring algorithm is being developed and implemented that will allow individuals to obtain credit cards even without a prior credit score, considering new factors beyond traditional metrics.

Prediction Details

Topic
Credit Scoring

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