Credit Scores
After a thorough risk assessment, all applicants for a loan are assigned a score. This provides information regarding creditworthiness and borrowing capacity. The score is based on a variety of data sources to calculate the credit rating of borrowers and the probability of default. It serves as basis for the conditions of the loan.
The page ‘return, risk and scores’ explains our scoring system in more depth and details exactly what each score at LEND means.