July 2021

Case Study: A personal loan lender drives net loan growth while reducing risk

A Hong Kong licensed money lender partnered with CREDI AI to deploy its first AI-based credit scoring model. Learn how they were able to drive loan growth while reducing risks and losses. What they faced before : When they saw delinquencies for personal loans nearly double over a 3-year span, they already knew their scorecards did not work for their entire target customers. They made an adjustment by tightening approval policies and denied more customers by setting a higher score cut-off. As they had struggles in net loan growth by their defensive policies, they were looking for a way to drive loan growth with confidence while reducing risks and losses. […]