«Iffy» borrowers have to pay a bit more in interest, so you earn a bit more on loans to them; high
quality borrowers pay you a bit less but you can be pretty sure that they'll repay their borrowings promptly and fully.
Not exact matches
Earnest's «radical repayment flexibility» is a
quality found in few other lenders, giving
borrowers the chance to choose their own preferred monthly payment, or to increase your monthly payment or make extra payments, allowing you to
pay off your loan early and beat interest to the punch before it accrues too much.
Artificial intelligence — Advances in automated underwriting and credit - risk analyses — such as taking into account traditional as well as nontraditional factors to determine an applicant's ability to
pay, regardless of income — have enabled lenders to uphold credit
quality when making loans to low - income
borrowers.
There is buzz that Goldman Sachs is weighing the option to increase the fees it
pays servicers for loans it originates and securitizes, with the expectation that it would result in a higher
quality of
borrower experience.