Credit risk assessment based on a borrower’s credit history
The study and analysis of a credit history, by a credit expert, especially if it includes a large number of contracts, takes a much time and has low efficiency.
Automation of the assessment of credit history status, using a scoring model, allows you to carry out such an analysis in a matter of seconds, taking into account the influence of various aspects and their combinations, based on statistical regularities.
When developing a scoring model, a set of so-called «predictors» is formed – factors that, hypothetically, can influence the further credit behavior of the borrower. These predictors are then tested on large volumes of data. Actual impact and significance of each predictor are determined. This is how a scoring model is built.
The result of the scoring model work, is a credit score – a numerical indicator assessing the likelihood of a borrower’s default, based on his/her credit history data.
Credit Score Report is intended for obtaining the credit scores of individuals and entrepreneurs. To obtain credit scores for legal entities, use the SME Scoring service.
After the Agreement-Application has been signed, and login and password have been obtained, a report can be requested through: