🏦 Vaya: an AI loan advisor that asks whether you can still afford to live
Every loan comparison site asks the same question: which bank has the lowest rate? That question has almost nothing to do with whether the loan will ruin you. A 6.2% loan you can barely service is worse than a 6.8% one that leaves you room to breathe. A rate that resets after twelve promotional months is not a 6.2% loan at all. And none of the twenty banks whose products you are comparing has any…
Vaya is an innovative AI loan advisor that focuses on whether a borrower can still afford their loan after taking it out. Unlike traditional loan comparison sites, Vaya asks the critical question of whether a loan is sustainable for the borrower's current financial situation. The platform compares real products from over 20 Vietnamese banks, presenting rates, maximum amounts, terms, processing times, LTV caps, and other relevant details side by side.
Users can input their specific situation in a single sentence and receive a simulation of their repayment against their cash flow. Vaya provides a survival score, which is a probability that the loan will push the borrower underwater, along with detailed information such as DTI, PTI, LTV, and disposable income. If the loan is deemed risky, Vaya offers suggestions on how to reduce the risk, such as borrowing less, extending the term, increasing the down payment, or cutting expenses.
The platform also features a marketplace where users can post anonymous requests and banks bid on them, providing a reverse auction-style experience. Vaya supports three languages (English, Vietnamese, and Chinese) and has a dark mode for users who prefer it. The project was developed for the Alibaba Cloud FSI Hackathon by a team of four, with the codebase built using Next.js 14 App Router, TypeScript, custom SVG charts, and a custom design system.
The team is seeking feedback on the product, particularly regarding the legibility of the survival score for non-financial experts, the usability of the reverse-auction marketplace, and the chat-first homepage experience. The demo is open and takes about two minutes to go through.
Written by urgent.news from Dev.to's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
