Personal Loan Assessment

The Problem

• Slow Response Time: For every application you receive, a lot of manual verification work needs to be done to assess the application.

• Human Mistake: Manual assessment done by humans has unavoidable mistakes.

• Unable to Scale: You will need more people to analyze more loan applications.

• No Audit Trail: You have no idea about the reasoning behind each approved or disapproved applications.

OUR SOLUTION

Personal Loan Assessment API

The personal lending assessment API helps individuals evaluate their loan eligibility based on their bank statements. It analyzes factors like income, expenses, and transaction history to determine creditworthiness. This innovative tool streamlines loan applications by providing quick, reliable results, allowing individuals to make informed financial decisions.

THE FEATURES

Income Verification - Identifying the borrower's income through his bank statement, payslips and EPF statement, also providing the stability score of his income.

Affordability Assessment - Evaluates the borrower's ability to repay the loan without causing undue financial strain.

Credibility Assessment - We leverage alternative payment data, including rental and utility payments, to evaluate the creditworthiness and reliability of potential borrowers.

Document Fraud Detection - Identifying and preventing fraudulent use of documents, especially bank statements, involves spotting altered, forged, or fake statements that individuals may use to gain financial benefits.

WHY USE FINORYTECH

MAKE FAST & RELIABLE DECISION

We are here to help you find the perfect place for your family. Depending on your needs, we'll suggest properties to view and book you in for your viewing.

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REACH MORE CUSTOMERS

Once you've found the property of your dreams and are ready to place an offer, we will contact the seller and negotiate the best terms to suit your budget and needs.

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SCALABLE & SAVE HIRING COST

We don't play around – that means that our bold and confident approach to closing results in you walking away with the keys to your new dream property.

What are the bank supported?

Frequently Asked Question

We support bank statements across banks in Malaysia. Besides bank statements, we also support credit card statements and eWallet statements.

How fast does the analysing process take?

Our AI completes the analyzing process, roughly taking 3-5 minutes.

What data can we get?

You will be getting income verification, affordability assessment, financial credibility and document fraud detection data.