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Encyclopedias The Credit Scoring Toolkit: Theory and Practice for Retail Credit Risk Management and Decision Automation (Repost)

Posted on 2010-03-18




Name:Encyclopedias The Credit Scoring Toolkit: Theory and Practice for Retail Credit Risk Management and Decision Automation (Repost)
ASIN/ISBN:0199226407
Language:English
File size:15.2 Mb
Publisher: Oxford University Press
ISBN: 0199226407
Publish Date: edition 2007
File Type: PDF
Pages: 790 pages
File Size: 15,2 mb
   Encyclopedias The Credit Scoring Toolkit: Theory and Practice for Retail Credit Risk Management and Decision Automation (Repost)



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The Credit Scoring Toolkit: Theory and Practice for Retail Credit Risk Management and Decision Automation

Credit scoring refers to the use of statistical models and computers to make credit decisions. It is a key element of consumer-driven economies, and is familiar to anybody who has had a loan refused by a faceless computer. The practice has evolved and been widely adopted since the early 1960s, allowing a latter-day industrial revolution in the assessment of trust. Despite its impact, there are still less than 15 English-language books on the topic; much less than for wholesale credit, even though lenders' total retail assets are often greater.

Now, for the first time, there is a single encyclopaedic source of information covering both theory and practice. Eight modules are presented: A) background and history; B) impact on, and application to, businesses; C) stats and maths; D) data; E) development process; F) implementation and use; G) the credit risk management cycle; and H) the regulatory environment. Credit scoring has borrowed from many other disciplines along the way (social sciences, engineering, psychology, etc.), and origins are documented wherever possible.



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