Vamshi Krishna Dassaraju

Real-Time Credit Risk Decisioning at Checkout for Short-Term Installment Products: Feature Availability Constraints, Adverse Action Explainability, and Portfolio Loss Monitoring

Extending credit at the moment of purchase compresses an underwriting decision that traditionally takes minutes or days into a window measured in milliseconds, and every part of the decision has to change to fit. This paper sets out an architecture for checkout-time credit decisioning on short-term installment products...