Discuss the problems with developing a numerical credit scoring system for evaluating personal loans. You can only

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Discuss the problems with developing a numerical credit scoring system for evaluating personal loans. You can only test your system using data for applicants who have in the past been granted credit. Is this a potential problem?

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Principles of Corporate Finance

ISBN: 978-0072869460

7th edition

Authors: Richard A. Brealey, Stewart C. Myers

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Question Posted: Jun 08, 2011 07:01 AM

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Discuss the problems with developing a numerical credit scoring system for evaluating personal loans. You can only

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Some common problems are a Dishonest responses usually not a significant problem b ...View the full answer

Principles of Corporate Finance

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