A statistical technique wherein several financial characteristics are combined to form a single score to represent a customer's creditworthiness.
Found on
http://www.encyclo.co.uk/local/20047
A test of an individual`s financial status. Points are awarded on a range of criteria that include income, home ownership, debts and repayment history.
Found on
http://www.encyclo.co.uk/local/20174
A system used to calculate the risk of granting a loan or the probability that it will be repaid. Each lender sets their own criteria based on historical evidence of good and bad customer characteristics. Some lenders will use this as an indication of the potential borrowers credit worthiness whilst others may rely on it completely so that a loan a...
Found on
http://www.encyclo.co.uk/local/20194
The process of combining information from a person's credit file with details given on an application form to decide whether or not to extend finance
Found on
http://www.encyclo.co.uk/local/20202
A method that assigns a ‘score` to various attributes of a potential debtor for assessing statistically the likelihood that credit will be repaid punctually.
Found on
http://www.encyclo.co.uk/local/20460
Used by banks as a means of deciding who should receive credit. By giving points based on the information supplied on the application form, the lender decides whether to give people credit. Credit is only given to those applications which score a certain number of points. The exact number of points and how they are allocated is decided by the issue...
Found on
http://www.encyclo.co.uk/local/20546
The risk that an issuer of debt securities or a borrower may default on its obligations, or that the
Found on
http://www.encyclo.co.uk/local/22402
The evaluation system used by lending institutions to determine relative credit riskiness of a busin
Found on
http://www.encyclo.co.uk/local/22405
This is a way in which a lenders assess whether you are a good risk to offer a mortgage to.
Found on
http://www.encyclo.co.uk/visitor-contributions.php
A lender`s way of assessing how much of a risk you are. You can build a credit rating through prudent use of credit cards and overdraft facilities. However, there is no such thing as a ‘black list`
Found on
http://www.encyclo.co.uk/visitor-contributions.php
This 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 weighting the answers given. Certain responses will attract higher scores than others and the total score will determine whether or nor the organizatio...
Found on
https://www.encyclo.co.uk/local/21167
No exact match found.
