Use of big data for credit decisions by banks

Press/Media: Expert Comment

Description

Banks are increasingly using big data analytics to make credit decisions e.g. spending patterns in credit cards. This could be a benefit to potential borrowers with a thin credit file who want to get a loan at a reasonable rate. 

Period29 Jun 2021

Media contributions

1

Media contributions

  • TitleHow big data shapes your ability to get a loan
    Degree of recognitionNational
    Media name/outletSydney Morning Herald
    Media typePrint
    CountryAustralia
    Date29/06/21
    DescriptionReporter is Nina Hendy. Appeared in SMH and other Fairfax papers.
    PersonsElizabeth Sheedy