Estimated EMI provides a point estimate of a borrower’s monthly obligations via an estimation model that evaluates the individual’s demography and credit information. It has been developed for use in new credit approvals, portfolio management and collections.
Why choose this product?
Estimate debt burden ratios
Estimate disposable incomes
Reduce the cost and time required for approving applications
Improve cross-sell to existing customers for new products
Improve collections efficiency
Evaluate customers potential for lending decisions