Building a Scorecard in Practice
نویسنده
چکیده
Credit scoring is one of the most successful applications in banking and finance. However, most studies do not explain the whole process of scorecard development, probably due to the difficulty in obtaining credit scoring data. This study addresses some of the gaps that are present in the existing literature in that it explains in detail the processes, as performed in practice, of scorecard development.
منابع مشابه
Matrix Sequential Hybrid Credit Scorecard Based on Logistic Regression and Clustering
The Basel II Accord pointed out benefits of credit risk management through internal models to estimate Probability of Default (PD). Banks use default predictions to estimate the loan applicants’ PD. However, in practice, PD is not useful and banks applied credit scorecards for their decision making process. Also the competitive pressures in lending industry forced banks to use profit scorecards...
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