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A New Approach to Credit Scoring (video)

In the wake of the recession, and with a rocky recovery in the UK, lenders need to get a more holistic view of borrower risk. FICO and Equifax have partnered to bring two new scores to the UK market, to indicate a consumer's credit capacity and show how their risk will change in a future economic scenario. Mike Gordon, vice president and managing director of EMEA for FICO, explains the goals in this FICO Tech Talk.

If you have difficulties with the video above, view it here.

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