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Score Validation: Building the Business Case for Change

Score Validation: Building the Business Case for Change

Executive brief on evaluating a newer FICO® Score

Resumo executivo

A FICO® Score is used in 90% of all US lending decisions. Há grandes chances de você já estar usando o score de crédito líder do setor todos os dias como parte de todas as decisões de subscrição. Given the criticality of the FICO® Score in your processes, have you given thought to when your credit risk strategy or score performance was validated? Do you know which version of the FICO® Score you are using, and do you understand the impact to your business when using an outdated model?