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Credit Analysis is important as it allows the bank to evaluate our applicant's loan request to determine his/her ability to meet the debt obligation.

How do you guys perform credit analysis ?

Why not make use of technology to help your credit officers and analyst in performing credit analysis? As you know, I am from TC FinTech Company, we could perhaps collaborate!

Alternate credit scoring is getting increasingly popular nowadays!

Technologies are incorporated to assess various data such as payment history, bank balance, ecommerce shopping, and spending patterns of customers.

It entails making the most of technology and digital footprints, such as social media, mobile and internet usage, to establish whether an applicant is eligible for a loan.

Alternative credit scoring is beneficial to both the banks and customers due to the following advantages:

1. Enhanced creditworthiness

2. Differentiated customer experience

3. Customer segmentation

4.Credit accessibilty for the underbank

5. Better deals for existing borrowers

6. Boost underwriting process

7. Usage of real-time data

8. Eliminates human bias and minimises operational risk

✅ Character

✅ Capacity

✅Capital

✅Condition

Our credit officers will assess the loans against the bank's Credit Policy. Thereafter, uses the traditional method of assessment, the 5Cs.

Credit officers manually perform credit analysis? Wow! I believe this requires a lot of time and effort, and manpower, and is exposed to a certain level of operational risk! Especially for loans such as unsecured loans, it would definitely require much attention.

Credit Analysis is important as it allows the bank to evaluate our applicant's loan request to determine his/her ability to meet the debt obligation.

How do you guys perform credit analysis ?

Why not make use of technology to help your credit officers and analyst in performing credit analysis? As you know, I am from TC FinTech Company, we could perhaps collaborate!

Alternate credit scoring is getting increasingly popular nowadays!

Technologies are incorporated to assess various data such as payment history, bank balance, ecommerce shopping, and spending patterns of customers.

It entails making the most of technology and digital footprints, such as social media, mobile and internet usage, to establish whether an applicant is eligible for a loan.

Alternative credit scoring is beneficial to both the banks and customers due to the following advantages:

1. Enhanced creditworthiness

2. Differentiated customer experience

3. Customer segmentation

4.Credit accessibilty for the underbank

5. Better deals for existing borrowers

6. Boost underwriting process

7. Usage of real-time data

8. Eliminates human bias and minimises operational risk

✅ Character

✅ Capacity

✅Capital

✅Condition

Our credit officers will assess the loans against the bank's Credit Policy. Thereafter, uses the traditional method of assessment, the 5Cs.

Credit officers manually perform credit analysis? Wow! I believe this requires a lot of time and effort, and manpower, and is exposed to a certain level of operational risk! Especially for loans such as unsecured loans, it would definitely require much attention.