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Why is credit scoring used PDF Print E-mail
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Written by Tamara Schmitt   
Monday, 07 November 2005
Credit scoring is based on real data and statistics, so it usually is more reliable than subjective or judgmental methods. It treats all applicants objectively. Judgmental methods typically rely on criteria that are not systematically tested and can vary when applied by different individuals.
Last Updated ( Tuesday, 22 August 2006 )
 
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