lenders and banks
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jan 2, 2019 by Max Levchin · across every show →
Everything said about lenders and banks, oldest first
Jan 2, 2019 negative
Levchin: FICO scores drive bank credit decisions despite being outdated
“All the different decisions by even the most sophisticated lenders and banks are largely driven through this magical number called the FICO score. Which was invented in the eighties or even late seventies and has really not changed that much. Certainly has not…”