Calculate APR and credit line assignment values with a decision matrix
Credit Underwriting clients can now use a decision matrix to calculate values.
Clients were previously required to use tags, output attributes and custom models to calculate values such as APR and credit line assignments. To reduce complexity and implementation time, we are introducing the first iteration of matrix models which allow clients to use a 2-dimensional grid or matrix to calculate values such as APR or credit line assignments.
A decision matrix or grid is a list of values in rows and columns that allows our clients to systematically identify, analyze and rate the performance of relationships between sets of values and information.