Setu reposted this
Recently, i was analysing a set of bank statements of users who applied for loans at an NBFC. In one specific example over a 9 month horizon, an applicant stopped his ₹3,445 monthly SIP in the sixth month. In that same 9 month window, ₹2,955 of monthly OTT subscriptions made by UPI autopay - Netflix, Hotstar, Zee5, etc, kept debiting on time - Even when the balance was critically low. The borrower didn't stop paying, but he DID stop paying selectively. Investment stopped. Entertainment untouched. Basically, financial pressure didn't make him cut spending uniformly. It just revealed his priorities. A bureau pull isn't designed to tell you that. But the bank statement does. And this is becoming increasingly important because ~80% of a modern Indian bank statement is now UPI. Yet most statement-analysis systems still flatten huge amounts of this activity into “Transfer/Others.” I've written up a piece on what payment behaviour reveals that a bureau pull structurally cannot - including this example of a borrower who stopped his SIP but kept paying for Netflix, and why that's an early warning nobody's rule engine caught. Have a read at the link below, and let me know what you think! Setu Pine Labs https://lnkd.in/dAGEqSfU #DigitalLending #UPI #CreditInfrastructure #Fintech #GlobalFintechFest