credit scorecard

« Back to Glossary Index
Tags: crédit

The traditional form of a credit scoring model is a scorecard.
This is a table that contains a number of questions that an applicant is asked (called characteristics) and, for each such question, a list of possible answers (called attributes).
For example, one such characteristic may be the age of the applicant, and the attributes for this characteristic are then a number of age ranges into which an applicant can fall.
For each answer, the applicant receives a certain number of points – more if the attribute is one of low risk, fewer if the risk is higher.
If the application’s total score exceeds a specified cutoff number of points, it is recommended for acceptance.

« Back to Glossary Index
Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on pinterest

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *