Aire is focused on providing an alternative credit score to consumers who have a 鈥渢hin file鈥�. These are consumers who have limited or no credit history - amazingly this is around 25% of the UK population (young adults, divorcees, ex-pats etc).
Given credit scores are a core foundation of modern banking, lending utilities, phone rental, insurance etc these consumers are at a significant disadvantage...and yet around half of them would be good credit risks if they could be 鈥渃redit scored鈥�.
Unlike the current FICO / Experian type models which use mainly linear regression models based on historical data (and thus needs all variables to be present if the score is not to drops signif...
We鈥檝e updated our privacy policy so that we are compliant with changing global privacy regulations and to provide you with insight into the limited ways in which we use your data.
You can read the details below. By accepting, you agree to the updated privacy policy.
