LOANS
On Time or Late Payments In Loans
Predicting whether loan payments will be on time or late involves using AI² algorithms to analyze various factors associated with borrowers and their loans.
Late-Payments in Accepted Loans
Challenged to decrease Late Payments
• Number of customers: 51,816
• Current Payments: 50.18% (26,000 customers with current payments)
• Late Payments: 49.82% (25,816 customers with late payments)
Decrease Late Payments with AI:
• Target AI: 0.9
• Target Late Payments: 39.86%
Initial Decrease from current levels:
• 20% or 5,163 extra reductions in customers with Late payments.
• AI Accuracy: 100%
