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
Marion Wright Jan. 22, 1984 Commercial horticulturist £18000 1 day, 10 hours ago
Adrian Evans March 19, 1982 Network engineer £55000 1 day, 13 hours ago
Sian Greenwood-Cooper Nov. 15, 1972 Designer, textile £18000 1 week ago
Mathew Hall-Knowles Nov. 23, 1985 Clinical molecular geneticist £28000 1 week, 2 days ago
Alice Porter-Cooper Dec. 30, 1983 English as a foreign language teacher £102000 1 week, 3 days ago