Savvy has now lent to over 160,000 customers. This makes Savvy one of the largest unsecured lenders in the UK.
There are now over 10 million people in the UK who are not able to obtain a loan from a high street bank due to impaired credit. Savvy is proud to be providing essential credit to thousands of these people each month.
Credit is essential for any economy, and financially vulnerable people need access to affordable credit even more than the wealthy need it.
Savvy performs detailed income and expenditure analysis to ensure that all of the loans are affordable. The software utilises AI components to ensure that the machine learning intelligence is used to minimise credit risk.
Savvy is on target to lend 200,000 people before the end of the year. This demonstrates how we are providing essential credit to an underserved sector.
For more information on the AI module for underwriting and credit assessment you are welcome to make an enquiry on the web site and
