Set Up Decision Matrices to Determine the Maximum Eligible Amount for an Unsecured Loan
Set up decision matrices and then build an expression set to automate the calculation of the maximum eligible amount for a secured loan.
Required Editions
| Available in: Lightning Experience |
| Available in: Professional, Enterprise, and Unlimited Editions |
| User Permissions Needed | |
|---|---|
| To create, update, and delete decision matrices and expression sets: | Rule Engine Designer |
| To use decision tables in Business Rules Engine: | Rules Engine Runtime |
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To determine the maximum eligible amount for an unsecured loan based on credit score,
create a decision matrix.
If you already created the decision matrix to determine the credit score category, you can skip this step.
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To determine the maximum eligible amount for an unsecured loan based on the requested term
in months, create another decision matrix.
If you already created the decision matrix to determine the requested term category, you can skip this step.
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To determine the maximum eligible amount for an unsecured loan based on the applicant's
annual income, create another decision matrix.
If you already created the decision matrix to determine the annual income category, you can skip this step.
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To determine the maximum eligible amount for an unsecured loan based on the applicant’s
age, create another decision matrix.
If you already created the decision matrix to determine the age category, you can skip this step.
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To determine the maximum eligible amount for an unsecured loan based on credit score
category, requested term category, annual income type, risk category, age category, employment
type, loan type, PIN code, product name, debt to income ratio, and income to expense ratio,
create another decision matrix.
- Enter Unsecured Loan Eligibility Amount as the name of the decision matrix.
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Create these columns with these settings.
Column Header Header Type Data Type CreditScoreCategory Input Text EmploymentType Input Text IncomeType Input Text RiskCategory Input Text LoanType Input Text ProductName Input Text RequestedTermCategory Input Text Pincode Input Number AgeCategory Input Text TotalDebtToIncomePercent Input Number Range TotalIncomeToExpenseRatio Input Number Range MaximumEligibleAmount Output Number Range - Add rows and values based on your business needs.
- Save your changes and activate the decision matrix.
Note- Make sure that your users populate the debt to income, income to expense, and loan to value ratios manually to determine the maximum eligibility amount.
- Make sure that you map the table’s output variables to the resources from the expression set version. See Variable Mapping in Lookup Tables.
After you create the decision matrices, reference them from the Determine Unsecured Loan Maximum Eligible Amount expression set. The FetchAmtUnsecuredloans expression set action in the DigitalLendingIndiaGetEligiblityAmount integration procedure calls this expression set to determine the maximum eligibility amount for a secured loan. The DigitalLendingIndiaGetEligiblityAmount integration procedure is referenced in the DigitalLendingIndiaGetMaximumEligiblityAmount Omniscript.
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