Klar / Credit eligibility

Klar / Credit eligibility

Klar / Credit eligibility

How might we help users qualify for a credit?

How might we help users qualify for a credit?

How might we help users qualify for a credit?

What is the business impact?

  • Increasing the conversion of signed-up users to credit users, which represents 80% of our business

  • Improve our credit model by adding more credit scores to the database.



Project goals

  • User orientation

  • Support our credit models

  • Reduce the uncertainty/friction for getting credit



Success metrics

  • # Users First log in → Credit score consent

  • # Users First log in → Identity check done

  • # Users First log in → Unlocked credit product.

  • Total active users → Credit score + ID Check

  • Time between first log → Credit product unlocked

Results

  • 100% of active user's credit scores done

  • 70% of active users Successfully ID checked

  • 3 - 5% increase in Credit offers

  • Integration of the Credit Score Service.

© 2023 Miguel Lobato.

© 2023 Miguel Lobato.

© 2023 Miguel Lobato.