The reason for this is because most lenders rely on traditional credit score models for lending — such as credit history and credit score. (thecollegeinvestor.com)
At the same time, we asked our borrowers whether they would want their short - term - loan repayment history included in traditional credit scores, and 72 % said it should. (americanbanker.com)
Most real estate professionals are very familiar with how traditional credit scoring works. (realtormag.realtor.org)