Within Lendsqr, decision models defines the set of rules that implement a lender’s Risk Acceptance Criteria. The Oraculi engine, Lendsqr’s decision model engine (named after the Latin word for “oracle”), powers these models.
A typical decision model includes the following components:
- Decision settings – Configure which modules to apply in a specific decision model.
- Offer settings – Determine what loan offer to present to a borrower who passes the risk assessment.
- Modules – Contain individual rules or settings applied within the decision settings.
To access Decision Settings in Lendsqr, log in and navigate to Decision Models under the Product Management section.
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