Today, June 24, Angel Ai has declared Your Financial Independence Day and implemented free credit repair into its application. The service, which can be done in nearly any language, can help users repair their credit by simply asking, "Can you help me repair my credit?"
According to a press release by Angel AI, the new repair feature aims to break down barriers to equal and affordable housing access, a major concern identified by Pavan Agarwal, the founder and CEO of Angel Ai and Sun West Mortgage.
“We know that one of the biggest barriers to people getting access to equal and affordable housing is credit issues. Angel Ai can speak to you in over a hundred languages and can interact with your creditors, much like a human assistant. Therefore, with no human labor costs, she may be able to resolve erroneous adverse items on your credit report. Fair and equal access to financing is built upon an accurate credit report. It’s Fair Lending Now with Angel Ai," said Agarwal.
Agarwal continued, “Lenders manage the risk of credit blemishes by denying applications, charging more points, offering less favorable terms, or requiring additional safeguards. Fixing credit issues and improving creditworthiness can help borrowers secure better mortgage terms and approvals. Based on my decades of lending experience, 50% of Americans need some form of credit repair, yet the repair process is often too tedious, complex to maneuver, and too expensive to contract through repair agencies. Angel Ai has changed that. Consumers who use this service may be able to lift their credit without paying exorbitant fees to repair agencies."
Angel AI's Chief Technology Officer, Jennifer Vallinayagam, led the engineering and research behind the credit repair endeavor. “It was a complex process to add this new credit repair help functionality. It was 100 times more complex than we anticipated due to the deep learning and the human-like thinking required of the AI," she said. "We are pushing the boundaries of robots emulating humans. The results are amazing.”
To bring this service to a broad audience, Angel Ai is investing in large-scale national television and digital campaigns in Copa America tournament coverage and across networks targeting the Hispanic and General Market audiences.
"Angel AI credit repair will help so many minorities, people with disabilities, and veterans," said Agarwal in a conversation with NMP. "They usually get abused by creditors and boxed in with a low credit score, and finally have to endure the embarrassment of the whole banking system pointing fingers at them. It's awful, it's systemic. We have the technology to fix it."
