credit scoring financial definition of credit scoring. credit scoring finance term by the Free Online Dictionary.

Credit scoring

A statistical technique that combines several financial characteristics to form a single score to represent a customer's creditworthiness.

Credit Score

A measure of an individual's creditworthiness. Credit scoring involves the quantification of a variety of factors in an individual's background, including a history of default, the current amount of debt, and the length of time that the individual has made purchases on credit. Banks and other financial institutions may use a credit score to determine whether or not an individual is likely to default on a loan, mortgage, or other debt. The FICO score is the most common credit score in the United States.

credit scoring

The process of rating potential borrowers based on their overall credit history, current debts, and frequency of application for credit.The most commonly used score, by far, is the FICO score.

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125% Loan A-Credit Alt-A Authorized User credit report Credit Score default Documentation Requirements down payment Fair Isaac Company score FICO FICO score home equity line of credit Job Security Score Liar Loan loan application process Microcredit Mortgage Scams and Tricks Nichification	The credit scoring company then gets copies of these credit reports, apply a mathematical formula, and using a software turn this report and the information it contains into a three digit number. Know Your Credit Score to Improve It by Tony Francis / Finance and Investment community Insurers believe that this relationship makes credit scoring a valuable tool for pricing and classifying risk. Greater Transparency Needed for Personal Lines Insurers Using Credit ... by Business Wire Who is the universal monitor for the credit scoring system? Credit Score - What Does This Mean to You? by Rolf Joho / Finance and Investment community	Credit Crunch Credit Default Swap Credit Department Credit Derivative credit enhancement credit history Credit Insurance credit life insurance credit limit Credit Line Credit linked security Credit market Credit par acceptation Credit Period Credit Policy Delay Credit Quality Credit Rating Credit Rating Agencies Credit Rating Agency credit rating service credit report Credit Reporte credit reporting agency credit risk Credit Score credit scoring Credit Spread Credit Squeeze Credit Standards credit tenant Credit Terms credit union Credit Valuation Adjustments Credit Watch Credit-Balance Theory Crediteur Crediting rate Credito Credito al consumo Credito blando Credito de cobranca duvidosa Credito de renovacion automatic Credito di accettazione Credito Diferido Credito disponible Credito documentado Credito ficticio Credito fiscal Credito fiscal a las inversiones Credito fondiario Credito para exportaciones	Credit Reporting Agencies Act Credit reporting agency Credit reporting agency Credit reporting agency Credit Reporting Company Credit reports Credit reports Credit reports Credit reports Credit Request Date Credit Research Foundation Credit risk Credit risk Credit Risk Certification Credit Risk Certified Credit Risk Control Credit Risk Grading Systems Credit Risk Management System Credit Risk Management Unit Credit Risk Mitigation Credit Risk Rating Credit Risk Standardised Approach Credit Risk Systems Credit Risk Transfer Credit River Anglers Association Credit Sale Agreement Credit score Credit score (United States) Credit score (United States) Credit scores credit scoring Credit Scoring and Risk Strategy Association Credit Scoring System Credit Security Limited Credit Services Association Credit Shelter Trust credit side Crédit Social des Fonctionnaire Credit spread Credit spreads credit squeeze credit squeeze credit squeeze credit squeeze credit squeeze Credit Squeezes Credit Squeezes Credit Standard Credit Standards credit standing credit standings Credit Suisse Credit Suisse Asset Management Credit Suisse Australian Fixed Interest Fund Credit Suisse Fear Barometer Credit Suisse Financial Products Credit Suisse First Boston Credit Suisse First Boston Corporation Credit Suisse First Boston Inc. Credit Suisse First Boston International

Mentioned in

References in periodicals archive

Financial browser

Full browser

125% Loan
A-Credit
Alt-A
Authorized User
credit report
Credit Score
default
Documentation Requirements
down payment
Fair Isaac Company score
FICO
FICO score
home equity line of credit
Job Security Score
Liar Loan
loan application process
Microcredit
Mortgage Scams and Tricks
Nichification

The credit scoring company then gets copies of these credit reports, apply a mathematical formula, and using a software turn this report and the information it contains into a three digit number.

Know Your Credit Score to Improve It by Tony Francis / Finance and Investment community

Insurers believe that this relationship makes credit scoring a valuable tool for pricing and classifying risk.

Greater Transparency Needed for Personal Lines Insurers Using Credit ... by Business Wire

Who is the universal monitor for the credit scoring system?

Credit Score - What Does This Mean to You? by Rolf Joho / Finance and Investment community