Why Good Credit Doesn't Work Anymore | The Black Box | 1442

In this episode, discover why 45% of prime borrowers are getting rejected despite having good credit scores. With banks now using black box algorithms analyzing 132 hidden variables, traditional metrics like credit scores have become less relevant. Between new Buy Merge rules and major lenders demanding higher income floors, the lending landscape has shifted dramatically. Learn how AI-driven algorithms and tightened regulations are affecting loan approvals, and explore strategies to navigate and secure funding in this challenging environment. A detailed funding guide is included to help you stay ahead of these rapid changes. Jessica's funding playbook: https://docs.google.com/document/d/1qXurYfk_cKZUoQO1lDmaEN1MlCTnYwrj28FXFapRZ8E/edit?tab=t.0 Learn more about your ad choices. Visit megaphone.fm/adchoices