Background

Online lending company needed improved risk analysis for its short-term loan account portfolio.


Project Requirements

  • Lender wanted a measure the risk of default for each of its loan accounts.
  • The metric needed to be based on known historical data such as payment history, account history, loan balances, and fees incurred.

Solution

Developed application that scores short-term loan accounts based on customer data using a proprietary algorithm.  Application supports data imports from Excel or a SQL database.