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Even though this is a gaming-focused space, I’m sure there are knowledgeable people here who can help with my questions. I’ve been looking into the latest lending trends reshaping credit scoring, and I wonder—how are alternative data sources like social media or utility payments influencing credit decisions? Are traditional scoring models becoming obsolete? If anyone has insights or experience in this area, I’d love to hear your thoughts!
I think there is a positive impact. It is important for banks and lending firms to get as much information as possible about all the existing cards of the borrower. In this way they can more accurately assess a customer's ability to pay. So this is a powerful addition to all the available methods.