Navigating the Scoring Landscape: AI is NOT One-Size-Fits-All
AI and automated credit scoring has the potential to offer you a substantial boost in your lending business. However, incorrectly implemented AI could be ineffective, or worse, destroy the carefully-structured processes that drive your business forward. In credit scoring, AI is widely known to deliver strong benefits, highlighted by an immediate gain in lift and […]
Are You Really Scoring for Ability to Pay and Risk in Today’s Environment?
After Sub-Prime Auto and Leasing were obliterated during the “Great Recession”, various data points the Auto Finance eco-system relies on went through various ups & downs before things are “Normalized”. Today is quite different, with many more variables available to reach your goals accurately, competitively, and safely in Auto lending. Since GM & Ford first […]
How to Build a Credit Scoring Model – Part 2
You can be using credit score algorithm models but if you don’t have the right data, it’s all for naught. This is the second of a two-part blog series aims to provide you with the insights so you can: define key business objectives around scoring credit for existing and new customers assess what if any […]
How to Build a Credit Scoring Model – Part 1
You can be using credit score algorithm models but if you don’t have the right data, it’s all for naught. This first of a two-part blog series aims to provide you with the insights so you can: define key business objectives around scoring credit for existing and new customers assess what if any data you […]
