Debt capacity
Monthly Average Financing Payment
3690
How can JUDI price for risk
Risk ratings which corrolate to OD values
a soft personal credit pull or a hard
Soft for CA. Hard for US for now.
How long on average does it take to link the accounts
2 to 5 mins
Can you edit the app and resend the contact
Yes
Where can you see the DS2R figure
The DS2R credit policy gate will have it. ( ballpark average fin/ dep
How just Judi's PD improve over tiem
All FIs provide ongoing loan performance data that Judi uses to refine
What personal credit score/s are being pull and from which bureau?
CA: Fico and BNI from Equifax
US: Vantage from Experian
Is there an alternative option to online banking
Yes. Pdf bank statements
What is the max number of signers
4
As well as looking at credit history, what else is Judi's PD trying to calculate
Future ability to pay. Generate Revenue
What is the 3 ranked reason code and what is it's impact on the risk
Cashflow - Operating History - Neutral
Is a credit pull done on the co-applicant
No. They are just involved on contract signing.
How many accounts can you link
More than one. Probably less than 4
Can the member print and sign
This is up to your FI. Any contracts signed like this many need to b the manually updated
What is the DS2R credit policy gate limit for approv
30%
What is the PD auto approval threshold
5%
Can I repull the personal credit report
Yes. Editing the applicants personal info will trigger a re pull
Can this be done with the member remotely
Yes. Please be on the phone with th and member to answer any questions about account linking
Does the contract signing work for mobile
Yes. On rare occasions the formatting may appear a little off
Name a transaction type that cannot be calculated as revenue
Uncategorized
Financing
Give one example of when there Data is not of sufficient quality to calculate a PD
Less than 6 months tx
Less than 7 tx a month
What happens if their is no credit score pulled
Confirm the name DoB and address are correct. Compare to existing CB pull
Can you link accounts online and also upload bank statements
Yes. Link online first, then upload statements
Who's the man
Nick