ilmscore | Prediction Details
"under this new program which would go into effect by the end of the year Banks would be allowed to take other aspects of a person's Financial history into consideration like their average account balance over time and whether or not they've ever overdrafted they hope that that would give a more realistic understanding of a person's credit worthiness and would open up more affordable financing options for borrowers in need"
By Graham Stephan | August 9, 2021 | Pending
From video
Congress Wants To Ban Credit Scores | Major Changes Ahead 00:06:09 - 00:06:27
Interpreted Prediction
By the end of the year, banks will consider factors like average account balance and overdraft history to assess creditworthiness and offer more affordable financing.

Prediction Details

Topic
Credit Scoring

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