For credit scoring in the Philippines, banks, credit companies, and lending companies look for the borrower’s past behavior in the financial system such as availed loan products or credit cards, loan and credit payment promptness, income, and employment status. These are traditional data for credit scoring.
With FinScore, our credit score is based on alternative data, including Telco data. Telco credit score focuses on the borrower’s mobile phone behavior, specifically with their mobile network. We measure their average top-up amount, subscription duration, and more.