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
Steven Reed-Carter June 18, 1966 Music therapist £17000 2 days, 3 hours ago
Dale Brown Nov. 14, 1964 Forensic scientist £23000 4 days, 13 hours ago
Guy Brown Feb. 27, 1959 Sports development officer £78000 5 days, 2 hours ago
Amber Ryan April 24, 1971 Ambulance person £103000 2 weeks ago
Rosemary Davis Nov. 21, 2004 Contracting civil engineer £73000 2 weeks, 1 day ago