<p>Suppose an entrepreneur or borrower with little credit or business history goes to a bank or some financial institution to borrow money.</p>

<p>Banks can use, as an alternative to a credit or business history, 'psychometric' or 'behavioural' tests.</p>

<p>What are some 'psychometric' or 'behavioural' tests used to gauge creditworthiness of a potential borrower with limited credit history? Where can I read more about these (eg some articles, what kind of articles or journals, keywords to google)?</p>

CC BY-SA 3.0
2015-07-27T12:31:53.627Z
Banks use stronger signals of creditworthiness (collateral, credit rating, job, etc.). But some private investors indeed hire psychologists to screen business people asking for money. Not publicly, of course.
Anton Tarasenko
CC BY-SA 3.0
2015-07-27T13:12:49.733Z
@AntonTarasenko Well of course banks use those, but what if they have none for which to refer? I mean, that's why we have microfinance or microlending right? So my question would be: What do those psychologists do for those private investors?
BCLC
CC BY-SA 3.0
2015-07-27T17:04:16.990Z
Psychologists seat next to investors while assessing the business manager who wants money. Not an industry standard, but some investors are uncomfortable with their soft skills.
Anton Tarasenko
CC BY-SA 3.0
2015-07-30T08:05:41.597Z
@AntonTarasenko How do you know?
BCLC
<measurement><reference-request><consumer-psychology><behavior><behavioral-economics>
How can psychometric or behavioural tests be used in banking to evaluate creditworthiness?
BCLC
# How can psychometric or behavioural tests be used in banking to evaluate creditworthiness?

(Asked by: username_0 on 2015-07-24)

Suppose an entrepreneur or borrower with little credit or business history goes to a bank or some financial institution to borrow money.

Banks can use, as an alternative to a credit or business history, 'psychometric' or 'behavioural' tests.

What are some 'psychometric' or 'behavioural' tests used to gauge creditworthiness of a potential borrower with limited credit history? Where can I read more about these (eg some articles, what kind of articles or journals, keywords to google)?

**Tags:** measurement, reference-request, consumer-psychology, behavior, behavioral-economics

> **Comments:**
> **username_1**: Banks use stronger signals of creditworthiness (collateral, credit rating, job, etc.). But some private investors indeed hire psychologists to screen business people asking for money. Not publicly, of course.  
> **username_0**: @AntonTarasenko Well of course banks use those, but what if they have none for which to refer? I mean, that's why we have microfinance or microlending right? So my question would be: What do those psychologists do for those private investors?  
> **username_1**: Psychologists seat next to investors while assessing the business manager who wants money. Not an industry standard, but some investors are uncomfortable with their soft skills.  
> **username_0**: @AntonTarasenko How do you know?  

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## 0 answers

