Credit scoring models are probabilistic models based on economic and financial borrower characteristics aiming to determining the likelihood of default of a borrower.

Name: Credit scoring models are probabilistic models based on economic and financial borrower characteristics aiming to determining the likelihood of default of a borrower.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Credit scoring models are indeed probabilistic models that use various borrower characteristics to predict the probability of default.

Credit Scoring Models Are Probabilistic Models Based on Economic and Financial