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New Customer Credit Application BWilloughbyb Industries Inc Form

New Customer Credit Application BWilloughbyb Industries Inc Form

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Instructions and help about New Customer Credit Application BWilloughbyb Industries Inc

Hello everyone! Today, we're going to  explore our Credit Onboarding use case. In this example, we start with an  initial credit application stage,   followed by a credit score evaluation  engine. Depending on the results,   the application can proceed to an automatic  approval or require manual validation by an   analyst. Based on the analysis outcome, either  an approval or rejection notification is sent. Let’s demonstrate a sample form  built in Abstra. We'll fill in the   email field and select a reason for  the loan from a dropdown menu. Next,   we'll input a hypothetical monthly income and  the company where the applicant works. Then,   we'll enter the desired loan amount, the number of  installments, and complete the application stage. As we saw in the workflow, the  next step is the credit engine,   where the customer's credit score is calculated  using business rules and predefined data sources. Since the score

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