Credit Risk and Interest Rate Changes on the Loan App v2.7.6 | New Features Overview
In this video, we walk you through the latest updates in Loan App v2.7.6 designed to enhance credit risk assessment and streamline the loan application process.
What’s new in v2.7.6?
Credit Risk & Interest Rate Changes: Enhanced logic for better evaluation of borrower risk and dynamic interest rate assignment.
New Fields Added: A House Details section has been introduced to capture key information about the applicant’s housing situation.
Screen Flow Updated: The Family Details, Income Details, and Expenses sections have been repositioned for a smoother and more logical application flow.
Credit Check Lock: Once the credit check is successfully completed, applicants will no longer be able to edit their earlier inputs, ensuring data integrity.
Social Category Fields: New fields have been added to capture the applicant’s social category, improving data accuracy and reporting.
Watch this video to get a detailed walkthrough of these updates and how they improve both user experience and risk management.
