FAQs on Decision Model

Answers questions on decision model

How do I use Loci for decision model?
Loci is an Oraculi module for using velocity or local data to make decisions. Unlike other types of data, Loci is 100% confined to the data gotten from a us...
Mon, 3 Jul, 2023 at 7:37 AM
What is Karma and how does it work?
Karma is a blacklist engine developed collaboratively to block bad actors from the Nigerian consumer finance credit ecosystem. Borrowers who demonstrate...
Mon, 3 Jul, 2023 at 7:37 AM
How Oraculi SMS SDK Works
What is Oraculi SMS SDK? The Oraculi SMS SDK is our new improvement to provide effective insights into the Android customers of lenders.  The need came...
Mon, 3 Jul, 2023 at 7:44 AM
Using statement for loan decisions without third-party widget integrations
Most lenders need statement data to assess the creditworthiness of potential borrowers. This information helps them determine an individual's ability to...
Sun, 3 Mar, 2024 at 12:53 AM
What is decision data?
Decision data are the information and data supplied to the Oraculi decision model during a loan assessment. It consists of the checks and scoring that were ...
Mon, 3 Jul, 2023 at 7:46 AM
What is Oraculi?
Oraculi, which is a Latin word for the Oracle, is Lendsqr engine that powers the decision models used by lenders to assess borrowers’ eligibility for loans.
Mon, 3 Jul, 2023 at 7:47 AM
What is scoring?
Scoring is a module within the Oraculi decision model on the Lendsqr Admin Console. It is a rating system that generates credit score which is a number that...
Mon, 22 Jan, 2024 at 11:21 PM
What's a decision model?
Within Lendsqr, a decision model is a collection of rules that have been designed to implement a lender’s Risk Acceptance Criteria. The Lendsqr decision mod...
Mon, 3 Jul, 2023 at 7:48 AM