Scoring is a module within the Oraculi decision model on the Lendsqr Admin Console. It is a rating system that generates credit score which is a number that is derived from analysis of a borrower's information, financial history, and other data points. A credit score is computed using algorithms, many of which are proprietary.
At Lendsqr, a credit score model is not forced on lenders, instead, the platform provides the tools for lenders to create their credit scoring models that suit their business models and risk acceptance criteria.