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The Benefits Of Using The Credit Risk Scorecard
http://greatblogdomain.wordpress.com/ 2008/ 05/ 07/ the-benefits-of-using-the-credit...
Financial institutions have used credit risk scorecards to measure the performance of credit companies in handling credit risks. These scorecards can be acquired from credit risk vendors. These vendors have developed scorecards to be used in the lending industry. However, in-house credit risk scorecards have increasingly replaced the credit risk scorecards obtained from outside sources. The advancement in technology has helped in the development of credit risk scorecards within the lending company. The advantages that come with in-house credit risk scorecards are that they can be developed inexpensively and faster.
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