Glossary entry
Technical debt
Technical debt is the long-term cost of choosing a faster or simpler implementation today that makes future change harder or riskier.
Category
Lending technology
Definition
How it shows up in lending platforms
- Bespoke customisations that block upgrades
- Duplicated policy logic across channels
- Manual workarounds that become permanent operations
How to reduce it
- Prefer governed configuration and versioned changes
- Invest in integration reliability and observability
- Standardise templates and reusable patterns
Related terms
Configuration vs customizationBackward compatibilityLooking for something else? Browse the fulllending technology glossary.
Looking for something else? Browse the fulllending technology glossary.
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