Credit Scoring

Description of Credit Scoring. Explanation.

Definition Credit Scoring. Description.

Credit Scoring refers to the mathematical techniques used for ranking the creditworthiness of individuals, businesses and organizations. The result is called a credit rating.

Credit bureaus and credit reporting agencies provide credit information to creditors, such as banks and businesses, to help them decide whether to issue a loan or extend credit. Well-known rating agencies include Dunn & Bradstreet, Standard & Poor’s, Fitch, and Moody’s.

Compare with: Credit Rating  |  Credit Risk  |  RAROC  |  Strategic Risk Management

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End of description Credit Scoring. An explanation.