Publisher's Synopsis
Bankers and lenders depend on credit scoring to determine the best credit risks - and insure maximum profit and security from their loan portfolios. This handbook offers the insights of experts on credit scoring systems. Topics include: scoring applications; generic and customized scoring models; using consumer credit information; scorecard modelling with continuous versus classed variables; the basics of scorecard development and validation; going beyond credit score; basics of a better application score; optimal use of statistical techniques; data mining; a multi-score approach for portfolio management; reject inference in credit operations; model design and validation; measures for model validation; evaluating and monitoring models; score-based collection strategies; project management for credit scoring; and successful implementation.
