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 score…
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.
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