AI-Driven Credit Underwriting Software
Zest AI is a powerful credit underwriting software that uses machine learning to help lenders make better credit decisions. The software is designed to increase revenue, reduce risk, and automate compliance. It is particularly useful for lenders who want to expand their credit access through more accurate risk prediction, faster credit decisions, and more inclusive lending.
- Tailored Underwriting Models: Zest AI allows lenders to build customized underwriting models that identify good borrowers overlooked by national credit scores.
- Risk Management: The software spots the riskiest borrowers and replaces them with more creditworthy applicants, helping lenders build a sounder portfolio quickly.
- Adaptability: Zest AI monitors changes in the lending landscape and provides tools to adapt quickly to new opportunities or challenges.
- Automation: Lenders can increase their automation rates fivefold by switching to Zest AI's machine learning model.
Ideal Use Case:
Zest AI is ideal for lenders who want to improve their credit decision-making process. It is particularly beneficial for those who want to increase approval rates without added risk, manage risk and control losses while growing fast, and build a faster and more responsive lending business.
Why use Zest AI:
- Increase Approval Rates: Zest AI clients typically see a 20% to 30% increase in approval rates with no added risk.
- Reduce Charge-offs or Defaults: Clients typically see a 30% to 40% reduction in charge-offs or defaults with constant approvals.
- Enhance Automation: Clients typically see their automation rates rise fivefold by switching to Zest AI's machine learning model.
- Fair Lending: Zest AI enhances fairness and accuracy in lending, making credit available to more people.
Zest AI is a credit underwriting software that uses machine learning to help lenders make better credit decisions. It allows lenders to build tailored underwriting models, manage risk, adapt quickly to changes, and enhance automation. Zest AI is ideal for lenders who want to increase approval rates, reduce charge-offs, and build a faster and more responsive lending business.