NestEgg makes it easy to align automated decisions with your lending policy and risk appetite. As a result, automated decisions are not overturned. Consequently, time, effort and money is saved. Automation benefits are realised. Getting automation right Credit unions must maintain and implement an … Read More about Align automated decisions with your lending policy
Five tactics for 200% growth
NestEgg clients doubled the number of loan applications in January compared to the same period last year. On average, the value of loan books increased 25% during 2021. This is twice the sector average. Importantly, 1 in 5 applications were automated accepts. Furthermore, as Loans Officers … Read More about Five tactics for 200% growth
Buy Now Pay Later to be included on credit reports
Buy Now Pay Later is to be included on credit reports. Buy Now Pay Later (BNPL) has been booming. In the run up to Christmas 2021, 17m people were using this form of credit. One of the key players, Klarna, saw its customer base double to 15m since the start of the pandemic. It’s a boom … Read More about Buy Now Pay Later to be included on credit reports
A decision engine with free upgrades
NestEgg provides a decision engine with free upgrades. Here’s a brief line-up of three recent and three forthcoming updates. Importantly, our lender-clients help prioritise development during their user group. New features 1. Complete rule flexibility. Detailed rules enable lenders, for … Read More about A decision engine with free upgrades
FREE training: credit score masterclass
We're running a credit score masterclass in February because credit scores can be hard to fathom. Hundreds of factors contribute to a mysterious three digit number. A number that can mean the difference between getting a loan or not. Importantly, a credit score can influence the amount of … Read More about FREE training: credit score masterclass
Webinar review: Grow your loan book in 2022
On 12th January we heard from seven speakers about how to grow your loan book in 2022. Download a copy of the slides. Credit scores are up ... The credit data from NestEgg’s decision engine has shown that over the pandemic applicants’ credit scores improved. Defaults and legal action fell. … Read More about Webinar review: Grow your loan book in 2022