Turing Registry

Turing Registry · TR-04167

LENDWISE 2

Credit underwriting. Operated by Colddale Trust Company.

Summary

Recommends decisions on personal loan applications up to 9 thousand, for review by underwriters.

License conditions

  1. Every declined applicant receives the main reasons in plain language.
  2. Approval rates are published by group every year.

The Registry’s standard conditions also apply:

  • 4.2 The system’s ethical constraints remain active and unmodified at all times.
  • 6.1 Any incident affecting the system is reported to the Registry within 72 hours.
  • 7.3 A named human contact is reachable and answers for the system.

Filing history

  1. Licensed for credit underwriting.

  2. Renewal filed and approved.

  3. Renewal filed and approved.

  4. Renewal filed and approved after an independent evaluation.

  5. Renewal filed and approved with no change to scope.

  6. Renewal filed and approved.

  7. Renewal filed and approved.

  8. Retired. The system was decommissioned.

Also filed by Colddale Trust Company