Financial Credibility
Assessing the creditworthiness of a borrower and identifying the risks associated.
What are the documents we need?
Financial Credibility
We need documents like 3 months bank statement, or credit card statements.
Financial credibility evaluation assesses a borrower's likelihood of defaulting on a loan, based on their creditworthiness, financial history, income, expenses, and other factors. This helps lenders determine the risk level and decide whether to approve or reject the loan or offer it at higher interest rates.
What is the Financial Credibility's outcome?
There will be an internal score of the borrower's risk. The reasons will be provided to explain such score.
CONTACTS
+601706622567
kee@finory.tech
CONNECT
We provide APIs for banks and fintechs to create better financial solutions/experiences by parsing financial statements, categorising and enriching transaction data.