CUSTOMER WEBSITE APPLICATION DEVELOPMENT OUTSOURCING IN THE US

The customer website application development outsourcing (CIC Web Portal project) is a project on credit checks of individuals in the affiliate banking system that allows access to loan information in the US. Use an algorithm to calculate whether an individual’s loan is still available or not. Gain a quick understanding of a customer’s financial position and ability to fulfil their credit commitments. Our consumer credit scores calculate in a number of factors to enable you to make an informed credit risk decision as to who you do, and do not, want to do business with.

Lenders use your credit score (or credit rating) to decide whether to give you credit or lend you money. Knowing this can help you negotiate better deals, or understand why a lender rejected you.

How your credit score is calculated

Your credit score is calculated based on what’s in your credit report. For example:

the amount of money you’ve borrowed
the number of credit applications you’ve made
whether you pay on time

Depending on the credit reporting agency, your score will be between zero and either 1,000 or 1,200.

The score relates to a five-point scale (excellent, very good, good, average and below average). This helps a lender work out how risky it is for them to lend to you.

A higher score means the lender will consider you less risky. This could mean getting a better deal and saving money.