Credit Default Rates
DataRobot operationalizes real-time loan assessment by automating model building to predict the likelihood of future default.
Problem / Pain
People with years of experience can judge someone’s likelihood of default, but that is not an efficient method for judgement as you grow a business. Increasing the value and number of loans is difficult without a scalable method in place to judge the default risk of many applicants.
DataRobot uses past information about borrowers’ default rates to predict the likelihood of default for future borrowers. Incorporating the predictive models built with DataRobot into a real-time loan approval process is easy, allowing businesses to scale up and expand their loan portfolios.
DataRobot makes it easy to build and deploy default rate-based models, automating real-time applicant risk predictions.