So genuine question. APT in the announcement mentioned tweaking of the algo to manage risk. Does anyone know exactly how they might do that. Having tested the app personally, they only had me enter my license details and debit/credit card number. Providing my account history is intact then they will maintain my limit. The only way I can think that they can tweak to manage credit risk is:
Reduce limits
Allocate risk metrics based on age/residential address
Payment history on platform.
I haven't updated my APT info since creating the account a couple of years ago, so I'm confused how this could be use to look foward.
Anyway, hoping someone can fill the gaps for me.
APT Price at posting:
$27.10 Sentiment: None Disclosure: Not Held
