https://knowledge.accelitas.com/blog/predictive-analytics-is-a-win-win-for-customers-and-lenders
https://knowledge.accelitas.com/blog/predictive-analytics-is-a-win-win-for-customers-and-lenders
KNOWLEDGE.ACCELITAS.COM
It’s only fair. Predictive analytics is a win/win for both borrowers and lenders.
New CFPB study shows AI and machine learning can approve significantly more applications, while yielding lower average APRs; Accelitas AI Lift proves itself twice as predictive as the competition. In a recent data test of 18 competitive credit screening scores, AI Lift from Accelitas delivered twice the predictive lift over the vendor average — at 77% the cost of our nearest competitor. By identifying more good customers, AI Lift’s advanced analytics can deliver a ROI of 30:1, creating a win/win scenario for everyone.
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