The objective of the credit appraisal process is to evaluate the borrower’s repayment capacity on a wide range of parameters detailed below. These parameters enable us to ascertain the key pillars of credit namely ability, intention, collectability.
The below are broad parameters of the methodology for credit evaluation
Primary Eligibility Criteria
KYC Check / Document Validation
Credit Decisioning & Evaluation
An in-depth analysis is done to evaluate the credit worthiness for all the applications. Based on Liquiloans’ proprietary in-house algorithm and underwriting, credit decisions are made based on the below parameters :