Underwriting of borrowers can be a subjective, long-drawn, and an unreliable process. Organisations often don't tap into all available data and spend extensive time and resources to assess a borrower. The process can therefore be both high on risk and low on reliability.
Nu Score offers a real-time, data-backed risk assessment for underwriting a borrower. It helps optimise the risk and reduce the time spent on loan disbursement. A single metric (the Nu Score) helps quantify the risk related to the borrower by providing a holistic view of the underlying parameters.
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