Nubank Introduces NuScore for Credit Transparency
Hey Digital Banking Fanatic!
Credit is often a story written in numbers — but seldom understood. For many, a credit score feels like a distant calculation, shaping decisions quietly and without explanation. In Brazil, Nubank is looking to change that.
The Brazilian digital bank unveiled NuScore, a tool designed to bring clarity to how customers build their credit profile within the bank. Instead of a mysterious score handed down without context, NuScore offers a window into the data behind the number — and guidance for the road ahead.
Available gradually to eligible customers, the tool rates profiles from 0 to 1,000 and classifies them from very low to very high. But it doesn’t stop there. NuScore breaks down the behavioral and historical factors behind each evaluation — from credit card usage and savings habits in Nubank’s Boxes (Caixinhas), to debt levels and external bureau scores.
“We believe that providing customers with a detailed view of their credit profile will contribute to greater financial education, allowing them to make more informed decisions,” said Arthur Valadão, general director of the Roxinho segment.
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🇧🇷 Nubank launches NuScore. The tool allows customers to understand the factors impacting their credit score within the bank. It includes behavioral insights, such as credit card usage, savings habits, and debt levels. Nubank aims to provide financial education and help users improve their credit profiles over time.
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