Social credit! this is how credit works in communities...how do you expose people socially/put pressure on them like in the offline work?
Vouch borrowers reach out to friends and family members to vouch for them, and typically to commit money if the borrower does not repay.Credit Alternative consumer lenders tend to fit into one of two camps: peer-to-peer marketplaces like Lending Tree and Prosper, and start-ups using data science to parse credit risk, like Affirm, Earnest and Zest Finance. Vouch Financial, which is emerging from its pilot testing phase this week, has an unusual spin on the data science approach. Big data lenders often analyze a person’s social network on LinkedIn or Facebook as one signal, among many, for hints about how reliable a payer a loan candidate is likely to be. But Vouch wants you to construct a social network of people who trust you financially — people who will, yes, vouch for you.
http://bits.blogs.nytimes.com/2015/04/07/measuring-social-trust-to-make-loans/?smid=tw-share&_r=0
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