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
Harriet Walsh Sept. 30, 1963 Charity officer £49000 2 days, 20 hours ago
Jonathan Murphy Oct. 28, 1997 Information officer £41000 3 days, 23 hours ago
Terry Bowen Aug. 9, 1986 Chartered public finance accountant £88000 5 days, 1 hour ago
Holly Taylor June 23, 1984 Publishing rights manager £116000 1 week, 2 days ago
Eileen Lawson April 11, 1971 Farm manager £10000 1 week, 3 days ago