In the digital era, various personal lending products emerge every day, from different banks, credit unions, and fintech companies. How can these lenders extend billions of dollars in loans without asking for any collateral? How do credit risk professionals manage the risk of an unsecured lending portfolio effectively?

Unsecured Lending Risk Management provides a comprehensive introduction that will help readers quickly establish a holistic view of the risk management practices in this traditional, yet quickly evolving industry. In this easy-to-follow guide, all behind-the-scenes risk management decisions and best practices are revealed.

The author puts all of his experience in managing billions of dollars of unsecured lending portfolios over the past two decades into this book.

• Those exploring a career in unsecured lending risk management will find this book to provide important business contexts and the know-how that will help them launch their career.
• For risk professionals in the early phase of their careers, this book will facilitate becoming a well-rounded professional and further advance their career.
• Seasoned risk and non-risk professionals in the lending ecosystem can find this book to be a quick refresher of key aspects in portfolio risk management.
• Curious consumers will get a peek into how the decisions on your own credit cards, loans, lines, and overdrafts are made.