L&LOC

Software for credit bureaus.

Goal

To develop a solution that would use a decision-making algorithm to approve or deny an end-user application for a line of credit (LOC) or a microloan. The algorithm should be able to:

• Check end-user’s:
  – Personal information
  – Payment history
  – Length of credit history
  – Owed amounts.
• Compare used credits/microloans vs existing ones, and convert the data into scores according to the built-in logic.

Result 

The software:

• Is developed for both credit bureau personnel (i.e. lending specialists, call center operators, customer care agents, etc.) and individuals looking for a LOC or a microloan.
• Supports all the above-mentioned features.
• Reduces the paper flow within a company. 
• Automates the lending process.
• Simplifies customer management (e.g., obtaining borrower’s details during a phone call).

Technologies

• Java 8
• Angular
• PostgreSQL