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General Discussion / Credit bureau and service review website DAC business model
« on: January 27, 2015, 12:07:17 am »
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?
- 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?
