Revive Previously Rejected Loan Applicants
Benefit: Reduce high rejection rates and increase ROI
AI Lift™ applies proprietary AI techniques like machine learning to analyze rejected financial applications for overlooked indications of creditworthiness, enabling companies to say “yes” to profitable applicants they would have otherwise have rejected.
- Open more profitable accounts.
Using AI Lift, lenders can identify significant numbers of rejected accounts that can be converted to profitable accounts.
- Achieve an ROI of 30:1
Lenders who have implemented AI Lift and opened accounts they would have otherwise rejected have achieved an ROI of 30.