How does Korin identify upcoming commitments?

Korin looks for payment patterns that may indicate an upcoming bill or commitment.

It may consider:

• Previous payment dates
• How regularly the payment occurs
• Typical payment amounts
• Merchant and transaction descriptions
• Changes in the timing or value of the payment
• Whether the payment is likely to occur before your next expected income

Examples may include rent, utilities, insurance, subscriptions, loan payments and other recurring expenses.

Not every repeated transaction is a guaranteed future commitment. Korin may also miss a commitment when:

• It has not occurred often enough
• The merchant description changes
• The amount or date varies substantially
• The transaction is paid from an unconnected account
• The commitment is new
• The bank data is delayed

When Korin uses upcoming commitments in an answer, it should list them individually rather than showing only a combined total.