The Problem with Traditional Credit Checks
In conventional finance, credit scoring requires full access to personal financial history—bank statements, loan records, and sometimes even utility bills. This data sharing often puts sensitive personal information at risk.
How Lagrange Changes the Game
Using zero-knowledge proofs, Lagrange allows a user to prove they meet certain creditworthiness thresholds—like having a credit score above 700 or a consistent repayment history—without revealing exact scores or raw financial records .
Benefits for Borrowers and Lenders
For Borrowers: Protects financial privacy while still enabling access to loans.
For Lenders: Ensures authenticity of credit claims without needing to store or handle sensitive data.
The Future of Finance
This privacy-preserving credit verification could open the door to global, borderless lending platforms that don’t rely on centralized credit bureaus making lending more inclusive and secure at the same time.