3Jane
  • Manifesto :: Borrow Against the Future
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      • Debt Write-Off
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  1. Architecture

Credit Slasher

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Last updated 5 days ago

The credit slashing module executes three strategies for deterring defaults, namely (1) slashing the 3Jane score which decreases future credit line sizes and increases future interest rates (2) pooled upside model where a portion of late interest repayments from defaulters is distributed pro-rata across all existing borrowers (3) initiating a non-performing loan (NPL) auction which engages collections agencies to pursue legal recourse within the United States legal system.