A credit score is a numerical value, extracted from analyzing one’s credit files to represent the creditworthiness of a person.

What makes up a Credit Score?

Character, Capacity, Collateral, Capital & Condition – also known as the 5 Cs of credit, the global benchmark in which lending institutions assess a borrower’s creditworthiness. Rather than going through all these parameters however, lenders can now get a quick snapshot of all this information through the use of a standardized unit of measurement, the FICO® Score.

A Credit Score assesses credit risk by taking into account various factors that affect a borrower’s creditworthiness. Here are the factors and how they affect your score:




How will CreditScore expand your market?

While today’s lending parameters assist banks to help a seasoned investor borrow the funds for his 3rd property in record speed, sadly, it does not favor a budding entrepreneur with no credit history to get the funds he requires to start his own business.

A credit score helps even the playing field for borrowers and expand the market for its users by providing alternative resources of information, therefore allowing more people access to credit. Furthermore, it changes the landscape of credit in the country as it makes the shift from lending that is strictly asset/collateral-based to a risk-based decision using a borrower’s behavior. By using data derived from Telco services, micro finance payments, pawnshops and even profiles culled from social media, assessing a borrower’s behavior and character will be easier as more data will be available. The result? Financial inclusion to those who previously don’t have access to credit, returning more business to its providers.

Payment Behavior

credit cards, utilities, loan payments, amortization

Mobile Phone Usage

postpaid or prepaid, Load and mobile data use


Mobile Transactions



Remittances