Use Cases

Default Rates and AI

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uc challenge iconGreyChallenges

Correctly predicting default usually requires years of personnel experience and training. Hence, as an organization grows, it becomes more difficult and costly to assess all loan applications, as scalability implies adding new experienced human resources and training them adequately.

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uc solution iconGreyOpportunity

LogicPlum allows organizations to use historical default information to create models that can predict the likelihood of default for a loan candidate at the time of a loan application. This capability of the LogicPlum’s platform helps companies to expand their business and to create a speedy loan-approval process.

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uc solution iconGreyWhy LogicPlum

LogicPlum provides the right environment to quickly and easily create and deploy default-risk predictive models that automate risk estimation.

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