It further claims it used alternative data sources and data sets to build its models. (techcrunch.com)
One reason more lenders are using alternative credit scoring is because the Fair Isaac Corp., creator of the widely used FICO credit score, recently introduced the FICO Score XD, a credit - scoring method that's based on alternative data sources such as cellphone and cable payments. (realtor.com)
In 2015, the company introduced FICO Score XD — a new model that draws on alternative data sources to produce scores for otherwise unscorable consumers. (valuepenguin.com)