A better credit score can transform your life.
TomoCredit provides a credit card, catering to students, working professionals, and immigrants looking to build their financial future in the U.S. Through a no credit-pull method with no fees, the company can provide credit to everyone, especially to the ones neglected by major lenders due to their lack of FICO scores.
At a New York event, industry practitioners shared how they are addressing cultural, compliance and logistical objections to making loans based on bank account data.
The VantageScore 4plus product pulls in standard credit file information while also analyzing bank account balance and other transactional data to create an adjusted score