Retra Connect

ML/AI and their application in the Fintech Lending space

Posted on 25th September, 2019 | Category: Business

In a data driven world, while we move on from Human-Off to Machine-On paradigm, it is imperative not to forget the role of interpretability of the results thrown by a machine.  One of the biggest challengesthat Decision makers are facing today while implementing ML/AI algorithms remains accurate interpretation of the results that human can understand…

Good times for personal loans

Posted on 20th May, 2019 | Category: Business

Have you been hounded by a telemarketer offering pre-approved personal loans? Or received a slew of e-mails regarding the same? My guess is that your answer is yes to both! You may pay heed to these offers or write them off as a mere gimmick, but the fact of the matter is that more and…

Personal loan v/s Credit card loans

Posted on 16th May, 2019 | Category: Business

The type of loan you go for is based on your financial need. Being clear about your requirement makes it easier for you to make the right choice. Credit card and personal loans are structurally similar. Both are forms of credit and require monthly repayments. The difference is in the features & interest rates. A…

Debt & Fear

Posted on 14th May, 2019 | Category: Business

Say this to yourself - ‘Am in debt’. Chances are that it could make you feel uncomfortable and burdened. Unfortunately, debt is a neutral word that has come to have a negative connotation emotionally for some of us. Let us examine this feeling by understanding what debt really is. “A sum of money that is…

Understanding Credit Score

Posted on 13th May, 2019 | Category: Business

A credit score is your credit history graded and expressed in a number. It is a numerical grading system that lenders use in order to calculate the risk involved in giving you a loan. A good credit score means low risk for the lender and therefore converts to a better lending experience for both the…