News

This week NestEgg decision engine hits £1/4bn of loans assessed. The £250,000,000 represents 200,000 loans having been evaluated using the NestEgg decision engine. But it’s the successes behind the overall big number that really matter. For example, every month in the last year has seen record lending for Central Liverpool Credit Union. Our latest London-based…

NestEgg is hiring a Client Success Manager. The salary is £27,500 with a pension matched to 4% of gross salary. The role is 100% remote / home based. We are looking for a full time employee, but may consider fewer hours or a job share. About the role NestEgg software helps our responsible lender clients…

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 example, to set value limits for referring or declining defaults or County Court Judgments. Furthermore,…

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 interest charged for a loan. It can…

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. However, there are indications that…

NestEgg’s decision engine now offers unlimited addresses for each credit decision. On average a credit union borrower has moved twice during the last six years. Younger and lower income borrowers moved up to four times over the same period. Moving away from your credit history Importantly, credit history doesn’t automatically follow a borrower when they…