NestEgg announced as finalists for Technology Partner of the Year
NestEgg is very pleased to be announced as a finalist in the Consumer Credit Awards: ‘Technology Partner of the Year’ category. Often the focus is on the technology side of that partnership. NestEgg has certainly helped grow the loan books of our lender clients. However, it’s the outcomes from the hard work of our credit…
Read MoreOpen Banking and Product Development
NestEgg has been using Open Banking to assist with credit decisioning for more than five years. At the World Credit Union Conference 2023 (WCUC), we talked about how open banking can be used to make more inclusive lending decisions. Open banking data is also useful when used in aggregate. In other words, analysing data from…
Read MoreYou’ve been taken to County Court
A County Court Judgment (CCJ), even if it was from a long time time ago, still has a negative effect on your credit score. Consequently a CCJ can make it harder for you to get a loan. Over time this impact reduces, but some lenders will say ‘no’ even if the judgment was from several…
Read MoreWhy missing a mortgage payment is so important
You may have missed one or more payments on your mortgage recently. This can be a problem for lenders because a mortgage is the most important bill. Missing a payment might be seen as the beginning of a debt problem. However, it may have been an oversight or beyond your control. Tip: You should try…
Read MoreOpen Banking and Financial Inclusion
On Wednesday 26th July, NestEgg co-founder, Adrian Davies, is speaking at the World Credit Union Conference in Vancouver. The topic is how Open Banking promotes financial inclusion. The UK is ahead of almost all other countries with open banking. NestEgg decision engine clients have been using these data to support lending decisions for more than…
Read MoreBringing together open banking and credit data
NestEgg is bringing together open banking and credit data. To help us we’ve secured a grant from Innovate UK’s Transformative Technologies competition. As a result, we’ll be developing new features, combining open banking and credit data for rounder, more complete affordability decisions. It’s hard to get a fair priced loan People who’ve been through a…
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