Consumer lending correlates with the housing market. Due to the slowdown in the housing market, lenders are continuously looking at coming up with new products to capture customers. The added pressure to secure more loans in new markets comes with the added stress of costs and risks. Variability in the market is an added challenge, and as lenders try and expand, their staffing needs are growing exponentially.
At Quale Infotech, we have developed frameworks and solutions using Aiwozo to help lenders grow efficiently while keeping costs in check. Our solutions help reduce the time to market of new products and, at the same time, manage risks effectively. We are automating processes from onboarding new customers, to assisting underwriters, to calculating loan risk effectively.