NTB Case Study
An Application Scorecard for New to Bank Applicants
- To increase the number of loans disbursed for a new to bank (NTB) personal loans product.
- Limited information about new to bank customers.
- Low and unstable predictive power of traditional application data.
- > 90% of new to bank applicants were rejected under their existing decisioning policy.
- CredoLab standalone white-labelled mobile application.
- IT integration: 4 weeks end-to-end deployment.
- Application scorecard with target 30 dpd @ 4MOB.
A significant increase of loans disbursed with a delinquency increase of only 2.3%.