The lending landscape is fraught with risks that can lead to significant financial losses and reputational damage. Among these risks is credit risk, which can arise from a borrower's default on a loan. A lack of proactive portfolio management and addressing of these risks can exacerbate their impact. Portfolio reviews can help lenders stay agile and responsive to fluctuations in the market and consumers’ finances. A myriad of factors can escalate credit risk in lending. Market volatility, fluctuating interest rates across several industries, inflation, and changing economic conditions can all affect a borrower's ability to repay loans. Additionally, individual circumstances, such as changes in a borrower's income or employment status, may be something lenders need to consider throughout the lifecycle of the loan.