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Delinquency rate 2.6 times higher after three months of funding strain; MyData can spot risk early

Aggregating personal financial information scattered across multiple financial firms can help identify changes in repayment capacity and funding strain that are hard to detect using only conventional credit data, an analysis showed. Users whose high funding strain persisted for three months later recorded a new delinquency rate about 2.6 times higher than those whose strain was high for only a month. Toss Insight said MyData could also help assess repayment ability for users with limited credit histories.