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
Vincent Johnston Oct. 17, 1992 Therapist, horticultural £75000 21 hours, 18 minutes ago
Joanna Parry Feb. 15, 1989 Therapist, drama £90000 2 days, 8 hours ago
Karen Johnson Nov. 2, 1992 Engineer, automotive £116000 2 days, 8 hours ago
Francis Watts March 15, 1994 Systems developer £19000 3 days, 13 hours ago
Mohammad Nicholls Dec. 8, 1968 Water quality scientist £122000 1 week, 4 days ago