You might be struggling to get loans based on traditional banking methods that involve the use of credit scores. Sometimes, it is difficult to get good credit scores, which might spoil your credibility to seek the desired loan. It can be frustrating and disheartening to lose a chance to get hands-on money that might be needed for you at this particular moment. To make things easier, an alternative credit scoring can be the right solution for you.
Who Is It For?
Credo lab is an online portal for generating credit scores for various people like insurers, retailers, banks, mobile aggregators, auto dealers, consumer finance companies.
How Are They Better?
They develop credit scores with the help of mobile and web-behavioral data. It makes it easier and convenient for people to access loans and make their lives better. Traditional banking methods need multiple verifications, which include lengthy procedures. But taking help from Credo Lab makes the loan process much easier.
Privacy Is Maintained
Since they use the metadata and various AI-based algorithms to produce highly accurate credit scores, people might be concerned about their privacy. But it is completely safe to use as they promise maximum safety and never share any information regarding the alternative credit scoring with the 3rd party.