By the time a credit team opens a loan file, most of the decision has already been shaped by someone else’s work. Precisa works with direct selling agent (DSA) partners across business and personal loan segments, and the pattern holds regardless of lender or loan type. A clean file that clears on the first pass […]
A credit bureau report and a bank statement describe the same borrower, but they don’t tell you the same thing. The bureau report is historical; it captures what the borrower has done. The bank statement is current; it shows what’s happening right now: where money is coming in, where it’s going, and whether any obligations […]
When you pull a credit bureau report as part of a loan assessment, the account status column tells you more than just whether a loan is open or closed. Two entries require careful interpretation: “Settled” and “Written Off.” They look similar on the surface. They read very differently from a risk standpoint, and conflating them […]
Most credit teams have a recognisable workflow when reviewing bureau reports: score first, NPA status second. The inquiry count gets a glance at most. The DPD section gets a cursory look at most, sometimes none at all if the score is above the internal threshold. That’s where risk slips through. Days Past Due (DPD) is […]
With r͏eta͏͏il NPAs͏͏͏ ͏hi͏tt͏in͏g a͏ ͏multi-ye͏a͏r l͏ow ͏of ͏2.8% i͏n 2͏02͏4,͏ fina͏ncia͏l i͏ns͏titutio͏ns sa͏w͏͏ 51% m͏or͏e con͏sum͏ers m͏on͏ito͏ri͏͏ng͏ their CIBIL͏ sco͏r͏e, and ban͏ks lowered t͏ur͏naround times by 5͏X via͏ a͏utoma͏t͏ed s͏ta͏te͏ment͏ analysis͏. Ab͏͏o͏ut 119͏ milli͏on ͏Indians ͏re͏gu͏lar͏ly t͏͏rack͏ed scores͏͏,͏ markin͏͏g ͏a͏͏ 51%͏ rise in FY 2023–2͏4.͏͏ In this scenario, c͏ombining credit bureau data ͏with de͏ta͏i͏le͏d ba͏nk͏ […]
