What Goes Into Your Credit Score?
A good credit score is essential for purchasing a new place, a new car, or taking out a loan with better interest rates — but what factors go into the number?
Welcome to TomoCredit- Tomo Score, Weekly budgeting
Written by Sarah James ·
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SUMMARY
- TomoCredit opened sign-ups for its credit card, built for people with no credit history or credit score.
- The card helps students, immigrants, and other underserved groups build credit without deposits or high fees.
- Every swipe builds your Tomo Score, developed with risk experts from Amex, Wells Fargo, and Citibank.
- The card also helps you track your weekly spending alongside building credit.
Opening Up Sign-Ups
Today we are excited to announce that we are opening up the sign-ups for TomoCredit credit card. The next generation credit card designed for people with no credit history or credit score.
At TomoCredit our vision is to create an a financial system that is open and accessible to everyone. TomoCredit is the first step in that direction.
With the up and coming launch of this credit card, students, immigrants, and other financially underserved members of the population can start building credit without relying on credit cards that require a deposit or have prohibitively high fees. In addition to building credit, our customers can also start tracking their weekly expenses using Tomo Score features.
How We Built Tomo Score
Every time you swipe your TomoCredit card, we track your spending and use that to build your Tomo Score.
How did we create Tomo Score? Our in house risk experts teamed up with industry leaders from Amex, WellsFargo, Citi bank to develop Tomo's own proprietary algorithm.
Join us and let's build the future of credit together!
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The language used on this page is for creative purposes only. TomoCredit (or TomoBoost) does not guarantee an increase in credit score. Individual results vary based on each person's unique credit history and financial circumstances, and subscription payments are non-refundable.
Start Building Credit
No credit history required. Apply in minutes.