Just like the many other spheres of our lives, finance is also being transformed by artificial intelligence. The process of lending, from considering loan applications to risk assessment and even the provision of financial products and services, transforms the entire decision-making dynamics in lending. Various advantages can be obtained in incorporating AI to the stage

Introduction It is as much a psychological test as it’s a financial one to navigate the journey of loan repayment. Very many people have received advice traditionally, based on numbers and strategies, but few know that behavioral aspects within repayment improve your strategy. Behavioral economics infuses psychology with economic theory, offering insights into how our