Feel good about lending, even with a thin credit file

As discussed in my earlier posts, banks can struggle with aiding students and knowing whether or not these students would be a good credit risk.

I did mention in my Let's Dream post, my idea of an interactive student banking experience.

Revolution Credit is a company that is creating interactive education to help customer become better credit risks to the banks they use. It also allows banks to tell who will have a greater likelihood of default or success, even with a thin credit file.

Their management team include an excutive from Experian, former CEO of FICO, the founders of FreeCreditReport.com, LowerMyBills.com, PriceGrabber.com, and other major financial entrepreneurs.

Check out their presentation.

http://www.finovate.com/fall13vid/revolutioncredit.html