We have implemented the «Individual selection of lending programs» service for the mutual benefit for potential borrowers and lenders.
This service provides analysis of credit history and stop factors of each borrower, and allows the following:
- the borrowers are offered only those loan programs they are eligible for,
- the lenders can get a quality flow of identified leads, according to the predetermined characteristics and constraints.
Thus, the lender search process is simplified for the borrowers, and the chances increase for them to not only get a loan, but also to choose the best lending terms, and the lenders receive an additional flow of leads and higher loan conversions.
Factors which can be taken into account while forming a lead flow:
- age,
- employment,
- number of issued loans,
- availability of overdue payments under current loans,
- availability of overdue payments in the credit history,
- availability of a partner loan in the credit history (active partner’s client),
- number of queries over a specific period of time,
- credit score.