Credit Scoring
- Topics:
- Market Studies
- Tags:
- Chet Boddy,
- Credit,
- Management,
- Security,
- Strategy
- Source:
- Chet Boddy
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Overview: This article focuses on the subject of credit, which has until recently been the most difficult part of the home loan process for consumers to understand and control. For this, credit scoring has replaced the old fashioned face-to-face meeting with the loan officer, who had to make a personal judgment about the character and credit risk of the borrower. Computerized credit scoring is faster and cheaper and blind to gender, race and ethnic background. Thus, if one want to buy a home but have credit problems, there are several things they can do. These ways have been discussed in the article.
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Format: HTML | Date: Jan 2003 | Pages: 1





