Soft information definition
Soft information typically means data beyond that found in a credit report, such as “non- standardized answers to questions . . . or even pictures, which were an important part of the ‘peer- to-peer’ aspect that was initially supported.” Boris Vallée & Yao Zeng, Marketplace Lending: A New Banking Paradigm?, 32 REV. FIN. STUD. 1939, 1945 n.8 (2019).