Less discrimination, more opportunities
Americans can’t be scored by a traditional credit bureau
of Americans pay for utilities
of US adults have a bank account
How RIKI™ Helps
Less risk, more qualified loans
Lenders use alternative credit factors like rent payment or residual income history to qualify loans. Loan-seekers share data directly from financial institutions so you can serve those otherwise not offered equal opportunities.
RIKI™ Helps Lenders
A portfolio of people, not numbers
RIKI™ helps you lend safely while uncovering underserved communities by using spending habits that traditional credit agencies ignore.
RIKI™ expands the information you use to underwrite loans. The more data you have, the less risk there is.
With widened credit parameters like ability to pay, you can take less risks and offer more competitive loans.
Find new opportunities in your data with existing customers and create new lending opportunities while reducing risk.
Marginalized folks who are unfairly ignored by traditional credit bureaus become lending opportunities.
Using Ability-To-Pay, RIKI™ democratizes data to close the wealth gap for low-to-middle income families.
With API-driven access, RIKI™ is easy get started with minimal technical effort.
Brent A. Chandler
Founder of FormFree
The current system of credit models governed by the few has only served to widen the gap between those who have access to reliable and affordable lines of credit and those who do not.
Providing bureaus with more non-permissioned data further entrenches the cycle of poverty for marginalized communities. It perpetuates the very system that has determined the outcomes since the 1960’s and we’re worse off today. The very system that has denied millions of people and determined unfair loan outcomes since the 1960’s and we are worse off for it.
Get started with safer, more inclusive lending
Create better opportunities for underserved borrowers today.