Consumer Lending Hub | Decisimo
In consumer lending, decision-making centers on several areas: anti-fraud, loan underwriting, credit limit setting, cross-/up selling, portfolio management, and debt recovery. A data-driven company can automate each area with the help of a decision engine.
If you are new to consumer lending and plan to set up a consumer lending business, you can learn more from our overview.
This hub covers topics related to decision-making across key areas of consumer lending.
Anti fraud
Preventing Identity Fraud- Setting up anti-fraud rules
- Securing Your Lending App with Advanced Techniques
Loan underwriting
- How to set up the approval process
- Setting up eligibility rules
- Interest rate - Risk-Based Pricing
- Alternative data in credit scoring
- 7 Steps to Replace Manual Underwriting with Automated Decision Logic
Portfolio management
Data Analytics
Frequently asked questions
What areas of consumer lending can a decision engine automate?
A decision engine can automate anti-fraud, loan underwriting, credit limit setting, cross-selling and up-selling, portfolio management, and debt recovery in consumer lending. These are key areas where consumer lending decisions are made.
What topics does consumer loan underwriting cover?
Consumer loan underwriting covers setting up the approval process and eligibility rules, risk-based pricing, and alternative data in credit scoring. Guidance can also cover replacing manual underwriting with automated decision logic.
What does portfolio management include in consumer lending?
Consumer lending portfolio management includes credit limit management and data analytics. Data analytics is one of the areas to cover in portfolio management, alongside decisions about credit limits. These topics form part of broader consumer lending decision-making.
