Credit scoring is now the most common means of making consumer lending decisions.
This workshop explores the basics of how credit scoring works in a modern consumer lending business - the processes, the strategy, and the decisions. With a focus on what scorecards look like, and how to use and manage them, the workshop is non-technical and aimed at the business user or strategist.
By the end of the course delegates will understand:
- What credit scoring is and why it is used
- What a credit scorecard looks like
- The typical scorecard development process and timings
- The issues to do with managing and using the scorecard, including scorecard over-rides
- The issues in setting the scorecard cut-off