Assessing the risk of a credit application is a key step in any lender's credit granting process. This requires sophisticated analytical solutions working in conjunction with strategies and rules. For some institutions, the cost and time associated with developing such solutions is a challenge. The FICO® Alternative Lending Platform solves this problem by bringing to market our core strength in risk management in an affordable cloud-based offering. This solution delivers scores and strategies for securely assessing credit risk, and its software-as-a-service platform enables lenders to get started quickly.
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