A firm, CRC Credit Bureau, in partnership with Fair Isaac Corporation, FICO, an America company, has developed a unique credit rating system, Score, for Nigerian market that helps lenders make quick and informed credit decisions and for individuals’ knowledge of what their credit status is.
Speaking at the launch of the product in Lagos, Managing Director and Chief Executive Officer of CRC Credit Bureau, Mr. Tunde Popoola, said the Score is a three-digit number ranging from 300-850 that summarizes your history of borrowing and paying back loans or post-paid services by allocating a 3-digit number that represents how risky it is to do business with you… More details through: https://www.vanguardngr.com/2019/08/firm-launches-credit-rating-system-to-nigerian-market/
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