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
Dennis Day June 29, 1980 Dietitian £25000 1 day, 1 hour ago
Adrian Rees March 10, 1997 Quarry manager £40000 3 days, 4 hours ago
Carl Hughes Jan. 21, 1962 IT technical support officer £66000 6 days, 13 hours ago
Derek Bell Aug. 28, 1954 Paediatric nurse £104000 1 week ago
Alice Martin Feb. 15, 2005 Freight forwarder £32000 1 week ago