IAssessments provides Worthy.Credit, a character‑based credit scoring solution that uses a brief 3–5 minute psychometric survey to evaluate borrowers’ personal traits alongside traditional data. The service integrates via seamless APIs, delivers immediate, encrypted scores without collecting personal identifying information, and helps lenders increase approval rates for underbanked and marginal applicants.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional credit scoring relies heavily on historical financial data, which often excludes underbanked and marginal borrowers who lack extensive credit histories, leading to high denial rates and limited access to affordable credit.
Solution
Worthy.Credit offers a character‑based credit scoring platform that uses a brief 3‑5 minute psychometric survey to assess personal traits linked to repayment behavior. The survey results are delivered via an API that provides immediate, encrypted scores without requiring personally identifiable information. By supplementing conventional financial data with non‑invasive character metrics, the solution helps lenders identify creditworthy applicants who would otherwise be declined, improving approval rates while maintaining fairness and data privacy. The platform is customizable, supporting multilingual surveys, white‑labeling, and bespoke question sets to fit different market needs. Scores are stable over time, resistant to fraud, and can be integrated seamlessly into existing loan origination workflows.
Target Audience
Primary customers are lenders, fintech platforms, and financial institutions seeking to expand credit access to underbanked or marginal applicants while maintaining risk controls.
Features
- 3‑5 minute psychometric survey measuring borrower character traits
- Immediate API‑driven scoring with fully encrypted data transmission
- Non‑invasive, no PII collection; only finance‑related questions
- Fraud‑resistant design with stable, time‑consistent scores
- Customizable survey logic, multilingual support, and white‑label options
- Ability to augment traditional credit models to improve approval rates