Algo360 risk ASSESSMENT for Alternative credit Score
UNDERSTAND YOUR CUSTOMERS TRUE CREDIT POTENTIAL
Algo360 opens a completely new segment for lending. Some time ago it was difficult to imagine a world where a person received a loan without CIBIL history.
Lending landscape is changing very fast and one of the important drivers powering this change is Alternative data. There are at least 50+ big Indian institutions today that lend using Alternative data.
Algo360 gives you a comprehensive Credit Risk assessment using alternative data for credit scoring. Our scores are built by analysing applicant behaviour using 1000’s of data points across CASA, Wallets, Credit Cards, Loans, EMI’s, Utility Payments, Shopping, Travel, Location, Identity, Social Media and much more.
The banks and NBFCs can build their own credit risk underwriting models on top of Algo360 for personal loan underwriting process and other loans as well.