New Features

NestEgg has launched a new feature: open banking affordability charts. The cost-of-living crisis is developing into a recession. Of course, this isn’t good news for responsible lenders. Because of this, it’s more important than ever to navigate data so those that are struggling are spotted early … Read More about New feature: open banking affordability charts

NestEgg closed the year, looking forward to 2023. Our User Group of 30+ responsible lenders helped us prioritise the most important new features for Q1/2023. Ever-conscious of a cost of living crisis that is fast developing into a recession, the focus was supporting responsible lenders to make … Read More about NestEgg: new features for 2023

Debt ratios are important. And the cost-of-living crisis makes affordability assessments are more important than ever. To help loans officers identify problems early on, the NestEgg decision engine displays three debt ratios, speeding up loan decision time because we do the calculations, so you … Read More about Featured feature: debt ratios

NestEgg's decision engine provides an automatic alternative offer. Problem Sometimes a loan applicant applies for too much. But, given their credit profile, how much is the right amount? Working out an alternative offer is consuming. Checking lending policy to work out an acceptable amount … Read More about Featured feature: Automatic alternative offer

NestEgg's decision engine now enables users to compare default balances. Defaults, especially recent ones, are a predictor of bad debt. But responsible lenders like to give the benefit of the doubt. A loan might be justified if there's evidence that an applicant is making an attempt to pay … Read More about New feature: compare default balances