LendAPI is proud to announce the launch of our latest client leveraging our state of the art credit decision engine and our risk scoring engine.

Client notes

Our new client has been in business for multiple decades in the consumer lending industry. They are leveraging a variety of different credit bureaus to underwrite leads received from their direct to consumer advertising channel as well as digital leads received from online advertisers.

Why now?

The client has been using some rudimentary credit underwriting rules that performed historically but have seen some performance deterioration in recent years. 

The client’s data science team developed new score cards and scoring models that are difficult to install with the clients’ current infrastructure as well as with limited internal tech resources.

Why LendAPI?

LendAPI is able to quickly launch score cards programmed within our decision engine’s user interface as well as digesting proprietary credit scoring code and making it available in the decision engine to be used in real time underwriting.

We leverage a network of industry experts, data scientists to quickly understand the client's need from both technical and from credit risk management perspective. We aren't just implementing, we are also guiding and advising to help our clients to achieve the best outcome.

LendAPI’s competitive advantage

We are able to work side by side with our client’s technologies team as well as their data science team to quickly launch, test and go production without any setup lead time and setup cost.

LendAPI's vast network of integrated partners and marketplace makes it fast and easy for any clients to integrate as fast as possible. No more coding needed from internal or outsourced engineering teams, no advance skillsets needed to configure rules and launch models.

And we offer it all with a one low price that's reasonable and cost effective.

About LendAPI

LendAPI is a DIY digital onboarding platform with a fully customizable product builder and an integrated graphical Decision Engine. LendAPI’s application workflow, sub-tenant management, third party integrations plus customer portal and communication methods is a complete end to end solution. It’s free to signup.