Underwriting, Meet Big Data
ZestFinance judges risk using the math they learned at Google, with criteria like cellphone bills and how applicants read a website. More »
Most banks rely on FICO scores based on variables such as proportion of credit used and number of payments missed. ZestFinance looks at thousands of indicators. More »
These new algorithms, which use a vast array of data, give lenders more insight into whether borrowers will pay back. More »
ZestFinance combines traditional credit scoring with machine learning and data from a variety of sources. More »
All data is credit data…
and we should be using it all to make better underwriting decisions.
See What Else Douglas Is Saying »Launch: New Underwriting Model
11.19.12Net repayment rates of latest model 90% higher than leading industry score. More »
ZestCash Becomes ZestFinance
07.01.12ZestFinance opens its underwriting technology to other lenders. More »
Launch: New Credit Decisioning Infrastracture
04.26.12New underwriting models extend credit to 25% more Americans and increase repayment by 20%. More »
ZestCash Raises $73 Million Series B
01.19.12New capital will fund company growth and innovation in underwriting. More »
See What Else We're Saying »