How is my Credit Rating Determined?
Your credit rating is determined by a learning algorithm that considers many factors. It considers both your profile, and your history on the platform. This means it considers all the accounts that you have linked to your BTCjam profile: both social media accounts and financial accounts like PayPal and eBay. You’re also able to link your bank account and credit card information. Additionally it will value income verification, phone checks, etc. Your best chance for a higher credit score is to complete the profile as much as possible.
The algorithm will also consider your borrowing and investing history on the platform. Naturally, responsible behavior is rewarded, whereas late payments or defaulting on loans will be detrimental to the credit score. Establishing a strong history on the platform can offset a lack of other linked accounts, and users will be rewarded with A & B credit scores if they establish themselves as consistently responsible.