TeleFy Platform will discuss about Credit Score to you in detail.
@_Renimbi
Hi all,
In obtaining loans and applying for credit, whether used to buy a house or as business capital, using a credit payment system is very helpful. Why is that ? because the credit payment system does not require us to pay off in advance. If you have ever applied for a credit card, you can be sure that you have dealt with data and information for credit scores. But if you still don't understand about Credit Score, TeleFy Platform will discuss about Credit Score to you in detail.
What is a Credit Score?
The credit score is a system used by financial service institutions, such as banks, to determine whether a prospective debtor is eligible to receive a loan proposed by a prospective debtor. And to get a credit score, banks have their own policies using analytical methods, such as:
- Characters, [To measure the character, payment behavior and risk profile of the debtor including the possibility of default in the future]
- Capacity, [Measuring the capacity or ability of prospective debtors in fulfilling their obligations in the future]
- Capital, [Sufficient capital owned by prospective debtors to carry out their business or business]
- Collateral, [ Assessing how much the collateral value is compared to the loan in the event that the debtor is unable to fulfill his obligations ]
- Conditions. [To get an overview of the debtor's ability to fulfill its obligations according to general economic conditions, industry or certain conditions that affect the ability to pay obligations]
Those are some of the requirements that must be met by prospective customers to get a loan at a bank. Unlike banks, the TeleFy Platform builds a credit analysis system with alternative data to generate credit scores for prospective debtors. Alternative data taken by TeleFy PLatform comes from the prospective debtor's cellphone (camera, GPS, microphone, e-commerce account, social media account).
Then What is the Relationship Between Credit Score and TeleFy Platform?
As a loan-based trading platform, users can choose the form of loan they want and can pay in installments as desired.The TeleFy platform is very profitable for users who want to make individual loans. Through a wallet that has been selected the user is assisted by using the operating system Open source. An open system is a development system that is not coordinated by a central individual/institution, but by actors who work together by utilizing source code (source code) that is spread and freely available (usually using internet communication facilities).
Attractive Features Owned By TeleFy Platform,
- Telephone Swap,
is a decentralized exchange that allows its users to trade cryptocurrencies and tokens without a centralized intermediary. The service is built on Binance Smart Chain (BSC), a blockchain platform run by crypto exchange Binance with smart contracts.
- Tele Loans,
Each user can borrow the funds they have on the Platform only by using their Tele score. So the better score they have, the greater their chance of getting a loan.
- TeleNFT,
This is actually suitable for creative content creators in the form of NFT. Because they can easily market the NFT they make on the Platform. Or also they can buy NFT Tokens in the Platform according to what they want to Trade.
- Tele Score,
Every transaction made by the user will be recorded in the proof of trading transaction. So this will greatly affect the success of a loan proposed by a prospective debtor.
- Telepad,
Every Tele coin owned by each user, then they are entitled to take part in the initial offer launch event.
So this is an opportunity for Tele coin owners to trade the coins they have purchased in the presale event.
How To Get Tele Coins ?
- Register yourself on the TeleFy platform
- Connect the wallet you have
- Make sure that your balance is filled to make transactions
- You can make purchases instantly
- Good luck
RoadMap,
Conclusion,
Having a good credit score is definitely important! Why is that? Yes,because this is very beneficial for you as a debtor. With a good credit score, you will indirectly get many benefits for credit activities such as the size of the loan obtained, the installment period obtained, the imposition of lower loan interest rates, and various other conveniences in the credit application process. This happens because you are considered to have met the requirements and are believed to have a good credit track record by the bank or related lender. On the other hand, if your credit score is bad, your credit application will be difficult to get approval. Some cases even require certain guarantees because of your bad credit score.
Official Channel You Can Visit About TeleFy Platform,
Article Writer :
Forum Username: _Renimbi
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3447661;sa=summary
BEP-20 Wallet Address: 0x22E18A53e0E0BE71afa7DAa89EC0BF8bc960846E