Reducing An Excessive Amount Of Reliance on Traditional Method Of Decision-Making

Reducing An Excessive Amount Of Reliance on Traditional Method Of Decision-Making

Market loan providers must move away from having reliance that is complete on conventional danger metrics, such as for instance FICO ratings, and explore the utilization of alternative resources of information, such as for example social credit scoring. This will assist them to provide borrowers with restricted credit rating and keep loan “charge-off also” rates in check. Continue reading “Reducing An Excessive Amount Of Reliance on Traditional Method Of Decision-Making”