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
Kathryn Watts Nov. 8, 2000 Research scientist (maths) £77000 1 day, 7 hours ago
Gail James Feb. 22, 1954 Hydrogeologist £25000 2 days, 1 hour ago
Marion Young June 16, 1957 English as a foreign language teacher £16000 1 week, 4 days ago
Richard Kelly-Smith Feb. 11, 1956 Telecommunications researcher £71000 2 weeks, 1 day ago
Michelle Shepherd June 25, 1964 Bookseller £44000 2 weeks, 3 days ago