Just the Headlines
Short on time? Here are the key facts.
- A consumer finance company wanted an effective and efficient way to target delinquent borrowers based on their unique circumstances.
- The Aptitive data science team developed a machine learning solution to define and segment customers based on a variety of factors.
- 7 different borrower prototypes were created that empowered the client to customize collection strategies based on the circumstances of that client.
- The net result was an improvement in their collection rate, reduction to their net charge-off rate, and a significant improvement in profitability.