Vietnam

Digital Lender

Goal:

Reduce the high bad rate

Products Used:

CredoWeb for the website

The choice of 150+ financial companies, banks and fintech unicorns

*partners

The Challenge

Target Variable: FPD 30+ (Days past due on first payment)

There was a high bad rate that required improved credit underwriting through the addition of a new scorecard.

Solution

Embedded CredoWeb into the website-based loan application form

Android SDK

iOS SDK

CredoWeb

The Results

The objective was to reduce the high bad rate. With the help of our CredoSDK, the digital lender achieved the goal and developed an enhanced integrated model with a GINI uplift of 0.09. The total increase in results was up to 37.5% which helped our client to significantly reduce default and opened an opportunity for higher approval rates for profitable growth.

No items found.

37.5%

GINI (Total Population)

Developed an enhanced integrated model with a GINI uplift of 0.09, which was a 37.5% increase.

-13.86%

Bad Rate

Decrease of the bad rate by 13.6%

38.46%

GINI (Approved Population)

Increase of 38.46%

How do we fit into your business model?

Arrange a meeting with us to discuss

Client Stories

Philippines

Vietnam

United Kingdom