Fintech & Payments

Aadhar for Credit Rating Check, Possible ?

One of the Issues in #IndividualLENDING for Rural People is lack of their Credit Score” and hence repayment credibility. #FinTech4Lending – I Forsee that, If “Aadhar is Linked with PAN”, an Authorised organization should be able to pull up the Credit Score of a person through his/her Biometrics. Thumb impression can be considered as the consent to pull up the Credit Score. If Aadhar can be used for payments then why not to check the Credit Scores by integrating with Rating companies. Can this be a use case for Lending & Building credit score for people in Rural areas through Aadhar ? Identification + Eligibility check, in One Go

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