Author Topic: Credit bureau and service review website DAC business model  (Read 1182 times)

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Offline donkeypong

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It would require a big volume of users to build enough data to be valuable. Unless you could purchase and load info from somewhere else (like Facebook or eBay) to get things started. Or connect it to some other service that keeps tabs on people. I mean if it went viral and became popular, then you'd have people using it and you'd get your data, but until then?

Offline Gamera

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I want to put to together a business model that could replace a credit bureau such as Experian, Equifax and TransUnion and a rating/review site like Angie’s List with a DAC.

- User submitted review or consumer credit information submitted by a lending institution would be a information asset.

- Consumers, employers and institutional creditors would use some form of currency to pay for access to the information asset.  For sites like Angie’s List a submitted review is the asset and for credit bureaus it's a credit history report.

-The person that submits the review or institution that submits the credit information could be rewarded for the accuracy and/or usefulness of the information that is submitted via a small transaction fee every time the submitted information is requested.

Does anyone have any ideas that could make a DAC viable business model for a credit bureau or review site?