Glossary
Alternative data
Alternative data is information used to assess credit that goes beyond traditional credit bureau records, such as Open Banking transactions, rental payments or account behaviour. It helps lenders assess people with thin or no credit history on how they actually manage money.
Used well, alternative data widens access to credit for creditworthy people the bureau alone would miss.
How Credit Canary helps with alternative data
Credit Canary brings the data, decisioning and payments behind Alternative data into one platform for UK lenders.
Affordability ScoreRelated terms
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