MPowered operates a credit scoring process (using a number of variables including credit data) for all applications. Applications failing to meet the appropriate threshold will be declined. Examples of what a high and low credit score cases may look like are given below:
|
High Score |
Low Score |
|
On the Voters roll |
Not on the voters roll |
|
Active credit profile |
Thin credit file |
|
Up to date with credit payments |
high indebtedness |
|
Low indebtedness |
poor payment history |