Credit Score
topic on 4 shows · 6 statements across 6 episodes
Founder's Journal 
We Live to Build 
the a16z Podcast 
TBPN
6 statements about Credit Score, every show
Levchin: Affirm's original goal was building a credit score, not lending
“As a person recovering from doing lots of machine learning in the service of social media, which was, you know, good and well, but wasn't really what I was meant to do, and lusting for the days of doing machine learning to fight fraud, my MO was, I just want t…”
Zachary Perret: Plaid built its own real-time data credit score tool
“And so we've built a series of tools, including our own credit score that looks at real time data and brings it into the model.”
Sekinger: Borrowers Need 21 Accounts for Perfect US Credit Score
“So you actually need to have 21 accounts to have a perfect credit score in the United States.”
Jain: Reporting rent payments boosts an average credit score by 60 points
“The average person can increase their credit score by 60 points just by reporting their rent payments, right?”
A borrower's willingness to repay is as crucial as their financial ability
“Behind every credit score, if you think about how that works, it's willingness and ability to repay. And the psychological trait of the willingness is, in many cases, as important as the financial constraint of the ability.”