【】
我要评论SelfScore launched its first product last summer with relatively little fanfare: a credit card for international students. 。
On Tuesday, it launched a new card with a much higher spending limit in a very different political climate. Its credit cards serve international students from all over the world --including the seven countries (Syria, Iraq, Iran, Sudan, Libya, Yemen and Somalia) named in President Donald Trump's first travel ban, which was halted in court. 。
SelfScore uses analytics to provide access to credit to international students in the United States who don't have a Social Security number or other identifying factors usually required to gain access to credit, loans and financial aid. 。
"These people who have so many credentials and indicators of creditworthiness, the traditional system doesn’t see them. They’re invisible," said Pat Nicholson, SelfScore's vice president of marketing. 。
SEE ALSO:India wants to make credit and debit cards obsolete for payments。
SelfScore instead relies on machine learning and data to assess eligibility and creditworthiness, without needing the traditional FICO score. The startup considers education, future earning potential and other qualitative factors to show how someone who's ineligible for a credit card from a traditional bank would contribute to the economy when granted access to credit in the United States. 。
"The traditional system doesn’t see them. They’re invisible."。
The startup introduced its first credit card, a MasterCard with a $1,500 limit, in June. This week it added to the lineup a second card with a $5,000 limit. The cards build credit so that international students still in school now will have the foundation needed to buy a home, for example, in a few years. 。
Other fintech startups are finding ways to serve potential customers without FICO scores, too. Float, for one, uses similar measures to grant small, short-term loans to cover things like broken laptops and music festival tickets. Those micro-loans can also build credit for young customers. 。SEE ALSO:New fund puts $141 million toward digital finance in the developing world 。
For right now, SelfScore is still only serving international students. But financial products that serve people without Social Security numbers could have much wider applications: for new immigrants besides students and for the undocumented, for example.。
SelfScore is staying focused on international students for now in part to make clear the financial contribution these students make to the United States, along with their cultural and professional contributions. The startup found in a commissioned report that tuition costs for U.S. students would rise 32 percent without the subsidies tuition-paying international students provide to the public education system.。
Featured Video For You 。
Featured Video For You。This futuristic tiny home switches rooms by rotating like a washing machine 。
相关文章
Xiaomi accused of copying again, this time by Jawbone
Imitation is not always the best form of flattery. 。 SEE ALSO:Xiaomi's MacBook Air clone is called, w2025-07-04
金輪的意思是什麽啊?知道的請說下!金輪的解釋:佛教語 。"輪"(梵語Cakra)﹐是印度古代戰爭用的一種武器 。印度古傳說中征服四方的轉輪王出生時﹐空中自然出現此輪寶﹐預示他將來的無敵2025-07-04
一年之計在於冬是什麽梗?上 。所謂“一年之計在於冬,一天之計在於晚”,是說我們奧康做任何事情都要未雨綢繆,做好充足的提前量,如果別人提前一周準備好,我們一定是提前兩周甚至一個月...冬馬小三什麽梗問題一2025-07-04
前言：答 ：韋唯 ，是穀建芬為韋唯定做的通俗歌曲 。答 ：鄭智化 ，生日快樂答：《今天是你的生日 ，中國》這首歌曲的原唱者是董文華，歌詞如下 ：《今天是你的生日 ，中國》原唱 ：董文華；填詞：韓靜霆；譜曲 ：穀建芬今天是2025-07-04Make money or go to Stanford? Katie Ledecky is left with an unfair choice.
This is Katie Ledecky's world right now, and the rest of us are just living in it. Want proof? Ledec2025-07-04
哪些食物適合腦梗患者食用?腦梗患者之所以攤上腦梗,主要是因為腦血管出現堵塞,導致腦部血液養分供應障礙而引起的病變 。那麽想要調理好腦梗,就需要多食用一些對疏通腦血管有幫助的食物,...腦梗死吃什麽食物好2025-07-04
最新评论