ABSTRACT
Credit appraisal tools has long taken interest of banking and financial industry, since it is their main business to disbursing loan, make profit from loan interest and keeping non-performing loan minimum. Since then, many researchers try to propose alternative data for credit risk analysis. This research proposed a method to profile electricity customer behavior in order to complement traditional credit-risk analysis data. Five parameters are proposed. Those parameters are representing customer behavior in electricity, which is payment order; purchasing power; power (kWh) usage; compliance, and residence occupancy. Based on our Proof of Concept (PoC) with one of State-Owned Bank, this method largely reduces their evaluation time of debtor from days to minutes.
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Index Terms
- Household Electricity Profile as Alternative Data for Credit Appraisal
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