credit scoring

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İlgili Terimler

credit score
(Ticaret) kredi notu
İngilizce - İngilizce
The evaluation system used by lending institutions to determine relative credit riskiness of a business or consumer When evaluating businesses, it generally considers factors such as credit payment history, new credit sought by owner of business, and financial strength and longevity of business
Some lenders use this process as a way of assessing the potential risk involved in lending to an applicant It is based on information given on the application form, along with information from credit reference agencies Every lender has a slightly different process, and a decline from one does not necessarily mean a decline from the others However, it is not possible to second-guess the system!
A generalised way of assessing the credit application, carried out by scoring the answers given on an application It is important that there are no missing answers on an application otherwise the result for the question becomes a negative
Credit Scoring systems typically formulate values assigned to various credit criteria to create a "Pass/Fail" scoring "Model" Leasing applicant's scores are then compared to appropriate Models to determine credit acceptability Credit Scoring Models are generally derived from the particular Lessor's historical portfolio performance with Lessees of similar type, organizational structure, credit history, size, age, and credit bureau rating, along with other criteria an individual Lessor may choose to include Lessor's equipment preferences ordinarily result from that Lessor's particular experience, or inexperience, with various equipment types Scoring criteria vary, predicated on transaction size, type of business, and individual Lessor's particular preferences [to top]
Credit scoring is an unbiased way of deciding who should receive credit By giving points based on the information supplied on the application form, the lender decides whether to give you credit Your age, how much money you earn, how much money you owe and other factors are taken into account Credit is given only to those applications which score a certain amount of points This is decided by the issuer and varies from lender to lender
A quantitative approach used to measure and evaluate the creditworthiness of a loan applicant A measure of profitability, solvency, management ability and liquidity are commonly included in a credit scoring model
estimating the creditworthiness of applicants by statistical analysis
There are three credit bureaus; Transunion, Experian and Equifax They evaluate credit information provided by creditors Their scoring system rates consumers with scores form 400 to 850 The higher your score, the better your rate for most loan programs To maintain your credit report, it is a good idea to "order" your credit report from the 3 bureaus once a year to insure your credit is being reported correctly A credit report form these bureaus will not have a score A credit report ordered by a lender will have a score
An objective method of quantifying credit worthiness by assigning numerical values based on meeting established credit criteria
A credit selection method commonly used with high-volume/small-dollar credit requests; relies on a credit score determined by applying statistically derived weights to a credit applicant's scores on key financial and credit characteristics (Chapter 14)
Electronically giving a numerical weighting to various financial factors in the borrower's credit in order to determine the risk of lending to that borrower Back to Top
A lender's way of assessing whether you are a good risk to lend a mortgage to
the process by which your credit worthiness is checked Weights or 'scores' are associated with your personal attributes, such as your income and the time spent at your current address These 'scores' are added to give a total credit score Each total credit score is associated with a prediction of how likely a person with that score is to default The loan provider then checks this score against the minimum required to be accepted for their loan, determining whether they accept you or not
A lender's way of assessing whether you are a good risk to lend a mortgage to [top]
A process that uses recorded information about individuals and their loan requests to assess - in a quantifiable, objective, and consistent manner - their future performance regarding debt repayment
A method for predicting the credit worthiness of applicants for credit
-Risk-assessment tool based on statistical analysis of credit users
A process that uses recorded information about individuals and their loan requests to assess, in a quantifiable, objective, and consistent manner, their future performance regarding debt repayment
Assessing the ability of borrowers to be able to meet the mortgage payments from answers entered on a mortgage application form
Points scheme to assess whether you are a good risk to lend a mortgage to

İlgili Terimler

credit score
A measure of credit risk, usually for a consumer, calculated from credit information using a standardized formula
credit score
A computer-generated number, based on a statistical model, that summarizes an individual's credit record and predicts the likelihood that a borrower will repay future obligations
credit score
A number usually disclosed on a borrower's credit report that is intended to reflect the borrower's credit history and other characteristics related to their experience with credit
credit score
a procedure for assigning scores to an individual or company on the basis of their risk of default
credit score
A credit score is a number that tells a lender how likely an individual is to repay a loan, or make credit payments on time When a lender requests a credit report and score from a credit reporting agency, the score is calculated by a "scorecard" or scoring model - a mathematical equation that evaluates many types of information from your credit report at that agency By comparing this information to the patterns in thousands of past credit reports, scoring identifies your level of credit risk See Understanding Your Credit Score
credit score
A snapshot of a borrower's credit worthiness; a numerical score based on statistics showing the risk of default on a loan; takes into condiseration available credit, management of existing credit, and any detrimental credit information (See FICO) Fair, Isaac and Company on Credit Scoring
credit score
A statistical formula that assigns a numerical value to your credit worthiness There are many different score models When you apply for an auto loan the lender is most likely viewing your "Car Enhanced Score" This score may be higher or lower than your regular credit score Scores can vary widely among all three credit bureaus
credit score
A single numerical score, based on an individual's credit history, that measures that individual's credit worthiness Credit scores are as good as the algorithm used to derive them The most widely used credit score is called FICO for Fair Issac Co which developed it Many of the columns in Credit Issues discuss factors that affect the FICO score, including Pay Off Delinquencies to Improve Credit
credit score
In the mortgage lending world, credit scores either make or break you when it comes to obtaining a home mortgage or getting the best rate you can There are three different scores available to a mortgage lender each being generated by the three different credit agencies The most popular, known as a Fico score is from Experian (formally TRW), then there is a Beacon score from Equifax, and finally a Emperica score from Trans Union This is the "mortgage scoring" system used to get a conventional mortgage
credit score
>> A numerical assessment assigned to the customer by credit bureaus that represents a measurement of the customer's overall credit rating The scores are weighted and range from approximately 365 to 840 Low scores reflect a "high risk", while higher scores reflect a "lower risk" Each credit bureau has its own credit score system
credit score
The score given to an individual to determine the credit worthiness These scores come from TRW, Equifax and Trans Union
credit score
Each Credit Reporting Company assigns a Credit Score to your credit report Lenders use these scores to determine your creditworthiness
credit score
A computer-generated number that summarizes an individual's credit profile and predicts the likelihood that a borrower will repay future obligations
credit score
A statistical method of assessing your creditworthiness Your credit card history; amount of outstanding debt; the type of credit you use; negative information such as bankruptcies or late payments; collection accounts and judgments; too little credit history and too many credit lines with the maximum amount borrowed are all included in credit-scoring models to determine your credit score
credit score
The number produced by an analysis of an individual's credit history Some companies use insurance scores as an insurance underwriting and rating tool
credit score
A statistical method of assessing an applicant's credit worthiness An applicant's credit card history; amount of outstanding debt; the type of credit used; negative information such as bankruptcies or late payments; collection accounts and judgments; too little credit history, and too many credit lines with the maximum amount borrowed are all included in credit-scoring models to determine the credit score
credit score
A numeric score from 500 - 800 that reflects the success of your use of credit Higher scores generally indicate lower risk to lenders
credit score
This term is often used to refer to credit bureau risk scores It broadly refers to a number generated by a statistical model, which is used to objectively evaluate information that pertains to making a credit decision
credit score
The numerical sum of weights applied to various characteristics that have been shown to predict credit worthiness
credit score
A numerical value that summarizes a borrower's credit risk at a given point in time Credit scores are calculated using statistical methods that evaluation certain information that has proven to be indicative of loan performance
credit score
A statistical analysis of a borrowers credit history to determine their future creditworthiness
credit score
A ranking that assists lenders in evaluating the relative likelihood of loan default Credit reporting agencies and/or credit repositories use statistical models to generate a credit score from a Borrowers credit bureau file
credit score
A potential borrower's composite of available credit, outstanding credit and payment history
credit scoring

    Heceleme

    cred·it scor·ing

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    kredıt skôrîng

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    /ˈkredət ˈskôrəɴɢ/ /ˈkrɛdət ˈskɔːrɪŋ/