With the growing concern about personal bankruptcy and quality of consumer lending, an effective credit scoring system is crucial to efficient and profitable lending practices. Featuring essays from seven experts in the risk management and banking/financial institution lending environment, this unique book offers valuable insights and proven techniques for developing effective credit scoring systems. It provides in-depth coverage of the roles of credit scoring, generic vs. customized scoring models, credit bureau data, scorecard development, performance measures, neural networks, project management, scorecard monitoring reports, how to use a scorecard to a lender's best advantage and much more.
Benefits:
; The essays provide in-depth coverage of the roles of credit scoring, generic vs. customized scoring models, credit bureau data, scorecard development, performance measures, project management, scorecard monitoring reports, and much more.
The essays provide in-depth coverage of the roles of credit scoring, generic vs. customized scoring models, credit bureau data, scorecard development, performance measures, project management, scorecard monitoring reports, and much more.
TABLE OF CONTENTS

About the Author
Contributors
Preface

1 The Role of Credit Scores in Consumer Lending Today
2 Generic and Customized Scoring Models: A Comparison
3 Credit Bureau Data: The Foundation for Decision Making
4 Scorecard Development
5 Variable Analysis and Reduction
6 Scorecard Performance Measures
7 Understanding the KS Statistic
8 Score Based Loss Forecasting Models
9 Impact of Indeterminate Performance Exclusions on Credit Score Model Development
10 Credit Scoring and the Fair Lending Issue of Disparate Impact
11 How to Successfully Manage a Credit Score Development Project
12 Scorecard Policies: How to Use Your Scorecard to Your Best Advantage
13 Scorecard Monitoring Reports
14 Credit Scoring and Risk Based Pricing: An Income Statement Approach
Index