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August 11, 2022
Big Data

How Can Blockchain Can Help Out With Credit Scores?

There is a credit conundrum. In an India Today report on the importance of a high credit score, the India Today Web Desk explains how maintaining a good credit score in India — upwards of 760 — is crucial to secure bank and home loans with low interest rates. People with high scores are assured of paying at least 1% percent less interest as compared to those with a credit score between 675 and 724. Those who fall below 675 are unlikely to get approved altogether. This system, implemented in several countries, is pretty straightforward — but it does cause problems…
How Can Blockchain Can Help Out With Credit Scores?

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