Increased loan repayments by 75%
up to 40%
increased repayment
loans
loans
in 5x
speed of approval
application
application
75%
the accuracy of
of delinquencies
of delinquencies
«Kassa №1» is one of the leading providers of financial services on the Russian market
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TaskReduce the number of delinquencies on loan repayments. -
SolutionImplemented a new scoring model. -
ResultThe number of delinquencies decreased by 40%. The speed of application approval increased by 5 times.
The accuracy of identification of unreliable borrowers increased by 75%.
Opinion of the manager
This company was chosen because of its honest approach to the project realization, instead of promises we received confirmation of the model performance and only after this confirmation the question of payment arose. I.e. we paid not for ephemeral promises, but for a really working model. <...> The cut-off test result showed the highest accuracy in determining the probability of delay, up to the time intervals of delay for a specific application, with an error of 3.2% for the period quarter.
- A.N. Fedoseev, manager of LLC ICC "Kassa N°1".