Abrigo

MAY 10, 2021

This credit risk analysis should incorporate custom metrics for the financial institution, real-time credit scores imported, as well as a global debt-service coverage ratio when necessary. Lending & Credit Risk. Lending & Credit Risk. Portfolio Risk & CECL. Learn More.

Credit Risk 78

Credit Risk CECL Credit Scoring 78

Abrigo

APRIL 22, 2024

The personal underwriting process is largely paper-intensive and manual, often done with the aid of [E]xcel spreadsheets, and there is a reliance on personal credit scores, particularly in the larger banks. The response times are slow, often several weeks and even months until borrowers are approved or denied.

Credit Unions 97

Credit Unions Small Businesses Credit and Collections Credit Risk 97

Abrigo

NOVEMBER 17, 2023

Stop : Visiting multiple websites to record credit scores, conduct an OFAC check, perform ID verification, and satisfy other nonfinancial qualifications required for good loan decisions. Review everything from one system. The analyst can focus on analyzing large, complex scenarios rather than data entry and spreadsheets.

Credit Unions 88

Credit Unions CECL Credit Risk Credit and Collections 88