Credit Where It's Due - CRA vs Open Banking

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Credit Where Its Due

Today (July 6th 2023) Salad Money has released our latest report, a delve into the world of data, comparing Open Banking data vs Credit Reference Agency data in the lending decision process. You can read about the differences we see in the two data sources and why for the area of the market we serve, we believe Open Banking data is a better and fairer tool to use. 

The report looked at 50,000 cases and compares the outcomes we have seen vs what would have happened had Credit Reference data been used instead. Read more below: 


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