with a better browsing experience; allow us to assess, monitor, and improve the website’s
performance; and enable our partners to advertise to you. You may disable the cookies by changing
the settings in your browser, and you may tell us not to share your cookie data with third parties.
When you start using scoring in small business credit origination, you need to know which score cutoffs to use to automate decisions. Performing a model validation proves exactly where cutoffs should be set on your account population to approve or decline applicants. This process is a basic best practice. It proves that the small business scorecard, a model developed from pooled or other data, is working properly on your own production data from new credit applications or when you move to a different score and score version. Do booked applicants who received high scores actually have low levels of serious delinquency? And vice versa? Does the performance of applicants with mid-range scores show moderate risk? Validation answers these questions and demonstrates that scoring is helping you make objective, fair, consistent credit decisions.
Thank you for submitting your information. You will be receiving a confirmation email shortly, as well as a follow up from one of our product specialists.