The Age of AI in Lending has arrived. Machine learning algorithms that use thousands of variables can better predict a borrower’s probability of default and provide lenders with more accurate credit underwriting. Discover how AI can help you approve more borrowers at the same loss rates, while reducing fraudulent applications.
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Why the Upstart Referral Network is Superior to Loan Purchase Programs
Many financial institutions (FIs) compare the Upstart Referral Network to loan purchase programs – and while the two share some similarities, the Upstart Referral Network creates the opportunity to acquire new customers or members, more precisely control credit policy, exceed loan volume goals and more.
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Learn how you can grow your consumer lending business by approving more borrowers within your credit policy while providing a modern, digital experience.