South Carolina Mortgages & Home Loans - SC Mortgage / South Carolina Real Estate - SC Real Estate


Why is credit scoring used PDF Print E-mail
User Rating: / 0
PoorBest 
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 )
 
[ Back ]
2361744 Visitors