On FINTECH.TV’s Market Movers: Midday, Elliott Lorenz, co-founder and CEO of Edge Focus, spoke with Remy Blaire about the state of private credit and how AI is changing consumer lending.
Lorenz said private credit has grown too large for investors and regulators not to look closely at what sits underneath it, and that the real question is whether the asset class grows with the credit underwriting, transparency and monitoring to support it.
He described how AI underwriting and machine learning let lenders price each borrower individually rather than by broad credit score bands, how loan level forecasting tracks expected losses and early payoffs, and how portfolio analytics is moving from quarterly reporting to continuous monitoring, with people still involved in the decisions.