Credit Kudos use case

Calling itself a “challenger credit bureau,” Credit Kudos is using Open Banking to replace what it calls “traditional, narrow methods” of credit assessment in order to make credit fairer and more accessible. As it stands, credit scores are typically a blackbox and based on very primitive assumptions about a person’s financial health.

What's the Open Banking use case?

The Credit Kudos platform uses Open Banking to allow you to prove your suitability when applying for financial products. Instead of relying on outdated and unfair credit scoring systems, Credit Kudos has developed a financial health score – just as a fitness tracker counts steps, Credit Kudos counts sensible spending and, in return, give creditors the opportunity to offer you a better deal.

Credit Kudos is powered by Credit Kudos