In recent years, with the rapid development of financial technology, many consumers have become increasingly dependent on online lending platforms to meet a variety of financing needs. At times, however, we find it surprising that some applicants with insufficient overall ratings also have access to credit. This raises questions about the loan approval system and the rating system of the loan platform. The present paper will analyse the phenomenon from several angles and explore its causes and possible implications。

How come you're down

First, today's loan approval system relies mainly on big data and machine learning algorithms. This means that the consolidated rating of the loan applicant is not the only determining factor, but that other factors are accounted for. These factors include the applicant ' s income status, employment status, repayment capacity, etc. While inadequate overall ratings may affect the success of borrowing to some extent, this does not mean that it is the sole or most important determinant。

Second, in order to attract more users and borrowers, the loan platform may, to some extent, lower the auditing criteria for loans. This is because the Platform needs to maintain a certain rate of lending and lending to sustain profitability and development. Such a strategy may result in some applicants with inadequate overall ratings being able to obtain loans, but it may also increase the platform ' s exposure to risk and may affect its reputation and operations to some extent。

In addition, borrowers with inadequate integrated ratings need lending services to meet the funding needs for various purposes. These borrowers may have poor overall ratings for special reasons, such as lack of credit history, low incomes, job instability, etc. However, this does not mean that they have no repayment capacity or bad credit. These may be potential customers in emerging markets, and their demand for financial services is no less than that of other consumers. Thus, in order to meet market and social needs, the Platform may give these people access to credit。

Overall, there are various explanations for the lack of a comprehensive rating and the fact that the down payment remains. The diversity of the loan approval system, the platform ' s business strategy and the special needs of borrowers can all influence this. In any event, however, we cannot deny that the comprehensive scoring remains one of the important reference indicators for loan audits. Both the Platform and the borrower should pay due attention to the integrated scoring and take this issue rationally。