Zopa launches new credit-scoring tool - MSE News

Peer-to-peer lender Zopa has launched a new free credit-scoring tool which it says will help "demystify" lenders' decisions. But if you're thinking of taking out a loan, always do your own research to make sure you get the best rate...
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'Zopa launches new credit-scoring tool'
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  • PRAISETHESUNPRAISETHESUN Forumite
    2.9K Posts
    1,000 Posts Third Anniversary Photogenic Name Dropper
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    Effectively an eligibility checker for Zopa products in app form. Doesn't even seem to give access to your credit reports (unless I've missed something), not that I'd want companies like this having access to that sort of information. Now people can complain about another useless number dropping for no reason :rotfl:

    I'm curious what sort of things they will recommend people do to boost their "score"...
  • [Deleted User][Deleted User] Forumite
    0 Posts
    MoneySaving Newbie
    So another pointless "tool" the proves and shows nothing?
  • DandytfDandytf Forumite
    4.2K Posts
    Ninth Anniversary 1,000 Posts Name Dropper
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    Horizontal iPad app
    Haven't found time to tilt and test!
    What info is available.
    Replenished CRA Reports.
    2015 Zoe i nav -90-100 miles top charge.
    Savings continue.
  • quirkydeptlessquirkydeptless Forumite
    1.1K Posts
    1,000 Posts Third Anniversary Name Dropper Photogenic
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    "Zopa's new 'Borrowing Power' tool gives would-be borrowers a personalised score between one and 10"


    My Credit Scoring Tool goes up to 11 :exclamati
    Retired 1st July 2021.
    This is not investment advice.
    Your money may go "down and up and down and up and down and up and down ... down and up and down and up and down and up and down ... I got all tricked up and came up to this thing, lookin' so fire hot, a twenty out of ten..."
  • DandytfDandytf Forumite
    4.2K Posts
    Ninth Anniversary 1,000 Posts Name Dropper
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    Hopeless I tried this afternoon. Deleted.
    Replenished CRA Reports.
    2015 Zoe i nav -90-100 miles top charge.
    Savings continue.
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