Mapping a Decision Model to a Loan Product

In the Lendsqr Admin Console, mapping a decision model to a loan product ensures that loan applications are assessed correctly and consistently. For instance, if you offer nano loans for gig workers, you can connect a simpler decision model that checks only basic personal and transaction data. This setup removes manual work and ensures that every application for that product follows the intended approval logic.

After creating a decision model, follow the steps below to link it to a loan product:

  1. Navigate to the “Loan Products” sub-tab under the “Product Management” tab
  2. Create or edit a loan product depending on your requirement
Mapping a Decision Model to a Loan Product

3. At the bottom of the page, select the model you wish to use for the loan product.

4. Click on “Save Changes” once completed.

When your users apply for this loan product, they will be checked using this decision model.

Mapping a Decision Model to a Loan Product

Also read: The need for financial models to build a successful loan business – Lendsqr

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