P2P lending service Auxmoney changed its TOS today. Auxmoney will make display of pulled credit scores mandatory (there are 3 score types obtained from different bureaus). In the past the display of credit scores was optional and borrowers could decide, if they want them in their listing. In fact borrowers could decide to remove credit scores from their loan listing should they consider a low score to hurt funding chances.

In practise only loan applications with displayed scores had realistic funding chances in the past – over 90% of the funded loans had at least one credit score information (see chart). But this is still a positive step, offering more transparency for lenders and allowing easier comparision of the over 2,000 open loan listings.