Banks are weighing the legality of accessing borrowers’ criminal records to make lending decisions

istock.com/scyther5 | Photo credit: scyther5 When granting loans, banks can no longer limit themselves to checking credit scores, assessing cash flows, taking collateral, and so on. They will likely go a step further by specifically checking borrowers’ criminal records. To this end, lenders are weighing the legality of accessing borrowers’ criminal records before resorting to […]