Microloan Platform for Impaired Credit Individuals
A microloan platform specifically tailored for individuals with impaired credit, providing small loans to help them meet immediate financial needs. The platform will use alternative credit assessment methods to evaluate borrowers' repayment ability. Targeting individuals with credit scores below 600, the platform aims to provide them with an opportunity to build creditworthiness. Market size: According to TransUnion, approximately 45 million individuals in the United States have credit scores below 600, indicating a significant market demand.
Financial inclusion
United States
