Enhance your Lending with Predictive Analytics
BizAcuity
MARCH 18, 2019
An unsecured loan is a loan issued and supported solely by the borrower’s creditworthiness, rather than by any kind of collateral. The terms of such loans, including approval and receipt, are therefore most often contingent on the borrower’s credit score. The consumer lending business is centered on the notion of managing the risk of borrower default.
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