Real-Time Credit Scoring: Reduce Approval Times, Increase Loan Numbers, Improve Borrower Experience

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Lenders need tools they can employ during the loan application process to advance an application to the next step or divert potential customers to alternative products that are a better fit. Implementing artificial intelligence (AI) models that facilitate fast credit reviews — and even approvals — can help lenders increase the quality, number, and amount of loans they grant without taking on unacceptable levels of risk.

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