a platform sorts its users according to their ability to repay loans and credits

The “Score” application is based on the American “credit score” to allow its customers to access its content.

Score, a new dating app launched for Valentine’s Day 2024, offers a free alternative to the premium American version of Tinder. This is accessible, in the United States, by paying $499 per month, which necessarily excludes some of its users. Score, it is based on the ability of the registrants to pay their debts.

This concept concerns every American, who is rated on their ability to repay their loans and credits on time. Financial institutions, but not only, rely in part on this “score” to determine an interest rate. There are techniques to raise that score, but they all pretty much boil down to the same thing: paying what you owe.

Consulting your score too regularly on sites that allow it can also reduce it. This may seem childish or scandalous, but this system exists and no American adult escapes this reality. The average American has a “credit score” of 716. The perfect score being 850. To be admitted onto the application, a minimum of 675 is required, and if the person is not accepted, they receive advice on how to improve their score.

Sort through profiles

Once a user has been accepted, their result no longer really counts, since it does not appear on the profile. The message has been sent because if we are on the application, it means that we have a certain sense of financial responsibility. Statistically, people with a good “credit score” would be more interested in long-term relationships.

For the rest, the application works like other dating sites, users swipe profiles to the left or to the right according to their tastes. The creators of this application, Neon Money Club, a FinTech firm, believe that too often, money issues take second place during a meeting. However, financial problems are among the main reasons for a separation and a quarter of couples consider money to be a central problem in a relationship.

On the other hand, this application will not last, it will disappear from the market in May 2024. Neon Money Club calls it a “pop-up experience”, in the same way as these pop-up shops that pop up from time to time. The application mainly serves as an advertisement for this company launched in 2021, which raised $150 million and formed a partnership with American Express, for its credit card called “Cream Card.”

In a world of FinTech, which lacks diversity, it should be noted that the founders of the Neon Money Club are black. However, their application has been criticized precisely because it risks excluding black and Hispanic Americans, who are more likely than others to have a “credit score” less than 640.