PERSONAL LOAN-LENDING SYSTEM AND METHODS THEREOF

Abstract: this disclosure relates to a lending system comprising a processor, a memory, and at least one network interface controller configured to enable data exchange with external systems. the memory includes lending management logic configured to execute a personal loan-lending system wherein one or more loans are generated by collecting and preprocessing borrower data from multiple sources, conducting risk assessment and scoring, generating one or more scores based on the conducted risk assessment, and approving loans based on the generated scores. the system leverages machine learning processes to refine scoring accuracy and dynamically adapt to borrower profiles and external conditions. the system may integrate with third-party data sources for enhanced verification and incorporate compliance logic to ensure adherence to regulatory standards. by employing automated, data-driven processes, the system improves efficiency, accuracy, and security in loan origination, servicing, and compliance while enabling dynamic risk management and tailored loan product offerings.

Inventor(s): Eileen Kim, Anne Eckles, Benjamin Lack, Maja Todorovic

CPC Classification: G06Q40/03 (Credit; Loans; Processing thereof)

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