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Credit scoring and the next step.
Introduction
The use of credit scoring for evaluating credit risk is at an all-time high in American businesses. This is probably due to several factors inherent in the use of this technology. Among them, credit scoring is more efficient than having credit department personnel evaluate every potential sale, which saves money--a major consideration for corporate America these days. Additionally, Sarbanes-Oxley and its requirements point to the use of credit scoring as a good method for improving internal control over risk-based decisions. For the most part, however, regardless of the type of scoring system in place, businesses are not getting everything they can ...
- Credit risk analysis and credit scoring--now and in the future.(Cover Story)
- Magazine article from: Business Credit Diana, Tom March 1, 2005 700+ words
...volumes, automated credit scoring is a cost-effective...two basic types of credit-scoring models which give...based. Rules-based systems are based on subjective...statistically-based credit scoring model can more accurately...
- Credit scoring basics. (Feature Article).
- Magazine article from: Business Credit Fensterstock, Albert March 1, 2003 700+ words
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- Magazine article from: Mortgage Banking Hewitt, Janet Reilley May 1, 1995 700+ words
...by such systems say credit-scoring and artificial intelligence-based systems will deliver color...of caution" about credit - scoring systems. Ritter spoke...line." Lenders using credit-scoring systems are given leeway...
- Credit scoring using data mining techniques.
- Magazine article from: Singapore Management Review Chye, Koh Hian Chin, Tan Wei Peng, Goh Chwee July 1, 2004 700+ words
Abstract In its most simple form, credit scoring can be defined as a technique that helps...discusses the benefits and applications of credit scoring and the construction of credit scoring models. It also reviews the data mining...
- Credit scoring for credit unions: a new approach.
- Magazine article from: Credit Union Executive Overstreet, George A., Jr. Rubin, Geoffrey M. July 1, 1994 700+ words
...immune to economic stress. Traditional credit-scoring systems Discussions of the confirming charge-off problem often turn to credit-scoring systems. Traditional (customized) credit-scoring systems use an intermediary's past loan...
- NAIC credit scoring debate heats up. (Top Stories of the Week).(National...
- Magazine article from: National Underwriter Property & Casualty-Risk & Benefits Management Ha, Michael June 30, 2003 700+ words
...accused the NAIC of abandoning the credit scoring issue. "The NAIC as an institution...session released a report that found credit scoring is an accurate predictor of risk...the only ones on the table" in the credit-scoring debate. "So when the industry goes...
- Rules based credit scoring: make the right decisions fast.(Selected Topic)
- Magazine article from: Business Credit Granda, Joe March 1, 2004 700+ words
...risk? Problem solved, with rules based credit scoring. Rules based credit scoring can quickly transform your raw credit data...recent Credit Research Foundation study, "credit scoring is set to become the cornerstone of the receivable...
- Truth on credit scoring will set consumers free.(Counterpoint)
- Magazine article from: National Underwriter Property & Casualty-Risk & Benefits Management Birnbaum, Birny March 7, 2005 700+ words
THE BIGGEST REASON why insurance credit scoring continues to be a hot-button issue...have simply not told the truth about credit scoring and its detrimental effect on insurance...generate grass-roots support for credit scoring. How this will occur is anyone's...