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Bus/Financial - Finance (general)
Additional field(s): Real Estate | | English term or phrase: credit scoring | Definition from Investopedia :
A statistical analysis performed by lenders and financial institutions to access a person's credit worthiness. Lenders use credit scoring, among other things, to arrive at a decision on whether to extend credit.
Example sentence(s): - If you have an existing credit card, the issuer is likely to look at your credit score to decide whether to increase your credit line -- or charge you a higher interest rate, according to a credit scoring study by the Consumer Federation of America and the National Credit Reporting Association. Bankrate, Inc.
- Credit scoring uses, where available, information from a bank's own records and may include data received from credit reference agencies. British Bankers' Association
- Credit scoring has been used by some creditors, particularly credit card issuers, for many years as a tool in making credit decisions. Mortgage lenders, however, have only recently begun using credit scoring to decide whether to make a loan and at what price. Federal Trade Commission
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| bedömning av kreditvärdighet | Definition:
Bedömning av en fysisk eller juridisk persons betalningsförmåga. Bedömning av vederhäftighet i ekonomiskt hänseende. |
| Selected response from:
  Charlotte Andersson
Spain
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