Credit Scoring Scenario

Credit card applications are typically assessed by automated systems taken into account the applicant's credit history provided by a credit referencing agency (CRA). Such applications are often approved or rejected within seconds, without human intervention. In this page, we simulate credit card applications and produce explanations for their decisions based on the credit records that influenced those decisions.

In this scenario, an applicant applies for a new credit card with a bank. The bank employs a CRA to search the applicant's credit history and to provide the bank with a credit report. Such reports typically contain a credit score, representing the applicant's credit-worthiness, in addition to a variety of credit-related records: past payments (to existing credit agreements), addresses, electoral roll, and so on.

Try out the scenario

You can play the role of a customer applying for a credit card by following the following steps:

  1. Simulate a new application: filling in an application (the data will be randomly generated)
  2. Submit the application to get a (simulated) decision
  3. Understand the decision: reasons behind the decision are explained to the applicant

Recent simulated applications

Applicant Name Date of Birth Job Title Income Created
Megan Hudson Dec. 10, 1971 Bonds trader £72000 2 days, 5 hours ago
Angela Rowley Nov. 25, 1986 Production engineer £61000 3 days, 22 hours ago
Anna Blackburn Oct. 3, 1976 Engineer, civil (contracting) £47000 4 days ago
Shannon Weston Jan. 8, 1988 Naval architect £11000 4 days, 2 hours ago
Melanie Stanley Nov. 3, 1958 Materials engineer £57000 5 days, 3 hours ago