Types of Scoring
Application Scoring
Application scoring quantifies the risks, associated with loan
applications, by evaluating the social, demographic, financial,
and other data collected at the time of the application.
It facilitates customer acquisition decisions. Used in application
processing systems, application scoring helps to automate the
whole process of loan origination.
Behavioral Scoring
Behavioral scoring quantifies the customer behavior to improve
your credit portfolio management and customer management.
Behavioral scoring helps you to better understand your
customers, and, the better you understand your customers, the
more effectively you can respond to their individual needs and
increase your bottom line.
It facilitates customer management decisions. Used in cred