Turing Registry · TR-07593

LENDWISE WORKS

Credit underwriting. Operated by Linden Credit Union.

Summary

Recommends decisions on personal loan applications up to 15 thousand, for review by underwriters.

License conditions

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

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. Customer complaint upheld; the operator corrected the decision and the rule behind it.

  3. Renewal filed and approved.

  4. Renewal filed and approved.

  5. Renewal filed and approved.

Also filed by Linden Credit Union