Credit Score Integration
This section explains about traditional credit score integration of the user under the credit scoring model.
Users with existing credit scores for example FICO scores or Vantage Scores can integrate their existing scores with their on-chain credit scores in order determine an accurate credit score with updated data. This section consists of 25% score of the off-chain credit integrated model.
This is the standard followed in off-chain credit scores:
Exceptional/Excellent
800-850
781-850
Very Good/Good
740-799
661-780
Good/Fair
670-739
601-660
Fair/Poor
580-669
500-600
Poor/Very Poor
300-579
300-499
DCA Score follows the similar weightage of off-chain scores when adding them to it's own scoring model. The scoring weight distribution against total score allotment is as follows:
Exceptional/Excellent
0.9x
1x
Very Good/Good
0.75x
0.9x
Good/Fair
0.25x
0.75x
Fair/Poor
0.1x
0.25x
Poor/Very Poor
0
0.1x
'X' is the total score allotment to off-chain scores of the users under all three methodologies.
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