Short Term Loans A common narrative for loan providers is financial inclusion. 69% of global adult population is not covered by credit bureaus. Using non-traditional data (e.g. text messages, location, contacts, call logs), more people can get scored.
If only \(x\%\) of people pay you back, then \(\frac{x}{100}(1 + r) \ge 1 \) suggests \(r \ge \frac{100}{x} - 1 \). If \(75\%\) tend to pay back, \(r = 33\frac{1}{3} \%\)....