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Credit scoringA statistical technique that combines several financial characteristics to form a single score to represent a customer's creditworthiness.
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Credit scoringTool used by credit grantors to provide an objective means of determining risks in granting credit. Credit scoring increases efficiency and timely response in the credit granting process. Credit scori [..]
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Credit scoringDefinition A statistical technique used to determine whether to extend credit (and if so, how much) to a borrower. Credit scoring is often considered more accurate than a qualitative assessment of a p [..]
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Credit scoringA system which is used to decide whether to provide you with a card, and what your credit limit should be. Credit scoring works by awarding ‘points’ to the information you provide on your application [..]
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Credit scoringA numerical score given to individuals based on their previous credit and banking history. Credit scores are held centrally and can be accessed by finance companies to help them assess whether or not [..]
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Credit scoringEvaluation system used by lending institutions to determine relative credit risk of a business/individual. For businesses, it considers factors such as credit payment history, new credit sought by the [..]
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Credit scoringThis is the system used by banks and other loan companies to judge whether you're creditworthy when you apply to borrow money.
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Credit scoringThis is the process of assessing an individual’s credit-worthiness. The process involves taking information from an individual on an application form (for example when applying for a store card) and w [..]
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Credit scoringA method that assigns a 'score' to various attributes of a potential debtor for assessing statistically the likelihood that credit will be repaid punctually.
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Credit scoringCoded procedures (automatic or semi-automatic) for assessing credit risk.
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Credit scoringCredit scores are numerical values that rank individuals according to their credit history at a given point in time. Your score is based on your past payment history, the amount of credit you have outstanding, the amount of credit you have available, and other factors. According to Fannie Mae--one of the major investors in home loans, credit scores [..]
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Credit scoringA statistical technique that combines several financial characteristics to form a single score to represent a customer's creditworthiness.
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