What is credit scoring and what factors are considered for the calculation of scores?

[This article explains about grading of borrowers who have a short credit history, how the credit score is calculated, factors considered for the calculation of scores, and the important aspects to see in the CIR] Originally posted on April 20, 2016, and updated and reposted on July 20, 2024 Credit scoring models are statistical tools … Continue reading What is credit scoring and what factors are considered for the calculation of scores?