HALO’s machine learning capabilities will help to:
– Increase the creditworthy borrowers by 33% – Reduce the credit cost by 26% – Reduce the first payment default (FPD) rate by 22% – Improve overall underwriting productivity by 45%
Get consumer lending right with our intelligent underwriting technology
HALO (Heuristically Programmed Algorithmic Output) is a Machine Learning-based underwriting product aimed at pre-qualifying leads and making automated credit decisions for lending businesses. HALO can get you started with minimal data like applicant data, dunning date, delinquency rate, collections data & the past history of existing customer data.