What Lenders Miss When They Look at FOIR in Isolation  FOIR is one of the most commonly used indicators in credit underwriting. It helps lenders assess how much of a borrower’s income is already committed towards existing and proposed obligations.  But FOIR, by itself, does not tell the complete story.  Two borrowers can have the […]

The evolution of lending has always reflected the evolution of information. In earlier decades, credit officers relied primarily on manual scrutiny of applications and physical verification of borrower credentials. Today, the lending environment has shifted dramatically. Automated underwriting systems have become mainstream and terms such as algorithm, AI and automation are now embedded in daily […]

As markets look ahead to the Union Budget being presented each February, affordable housing once again finds itself at the centre of public and policy discourse. Expectations typically revolve around higher allocations, extended subsidies, and renewed commitments to “Housing for All.” Yet, year after year, the lived experience of affordability for Indian households changes far […]

Receiving a loan rejection can be disheartening, especially if you count on that financial support for a significant purchase or investment. However, a rejection does not mean that it is the end of the road. Instead, it can be a valuable learning experience that helps you better position yourself for success in the future. Identify […]

A poor credit history can feel like a weight that’s difficult to shake off, affecting your ability to secure loans, credit cards, or even a decent interest rate. It’s a situation that can lead to anxiety and stress, especially when you’re unsure of how to turn things around. However, the good news is that no […]