Crucially, FormFree’s software does not perform machine learning on individual borrowers and will never “learn,” for instance, that people who shop in certain ethnic neighborhoods are bad risks. There is no risk of that happening inadvertently, because the information that would be needed to do it simply does not enter into the computation of RIKI™.
- FAQs
- General FAQs
Does FormFree’s analysis use machine learning?
Related FAQs
What aspects of RIKI™ will change with further research?
What values does RIKI™ impose on borrowers’ behavior?
Does FormFree’s analysis make behavioral or demographic models of borrowers?
Does FormFree’s analysis use artificial intelligence?
Where does FormFree get the data to compute residual income and RIKI™?
Why aren’t residual income and RIKI™ reported for all borrowers?
Is RIKI™ affected by FICO score, location, home ownership, rent history (etc.)?
Why does FormFree’s software classify transactions?
What information goes into residual income and RIKI™ calculation?
What is discretionary spending?
What is adjusted residual income?
What is residual income?
How does FormFree measure ability to pay?
What is ability to pay?
Does RIKI™ replace other measures?
What is RIKI™?