Consumers with minimal credit experience have traditionally found it more difficult to obtain mainstream credit than their ‘credit mature’ counterparts, resulting in these consumers being either unable to access credit or having to access credit at a significantly higher cost.

Several well-known research studies have considered this issue from overseas experience but little analysis has been undertaken in an Australian context.

illion has undertaken a research study to determine whether consumers with a minimal credit profile are less likely to be approved for credit and, if so, whether alternative data sources are available to lenders to help correct this imbalance.

Read our whitepaper to find out more