dogear

enter for all results · esc to close

Consumer Finance: Challenges for Operational Research

jstor.orgsite

Reviews the development of credit scoring (the way of assessing risk in consumer finance) and what is meant by a credit score. Outlines 10 challenges for Operational Research to support modelling in consumer finance.

from
Credit Modeling
added
2026-10-10
likes
0

similar

  1. A survey of credit and behavioural scoring: forecasting financial risk of lending to consumers sciencedirect.com

    Surveys the techniques used — both statistical and operational research based — to help organisations decide whether or not to grant credit to consumers. It also discusses the need to incorporate economic conditions into the scoring systems and the way the systems could change…

  2. Statistical Classification Methods in Consumer Credit Scoring: A Review jstor.org

    Classic introduction and review of the subject of credit scoring.

  3. Classification methods applied to credit scoring: Systematic review and overall comparison sciencedirect.com

    The need for controlling and effectively managing credit risk has led financial institutions to excel in improving techniques designed for this purpose, resulting in the development of various quantitative models by financial institutions and consulting companies. Hence, the…

  4. 'Lending by numbers': credit scoring and the constitution of risk within American consumer credit tandfonline.com

    Examines how statistical credit-scoring technologies became applied by lenders to the problem of controlling levels of default within American consumer credit. Explores their perceived methodological, procedural and temporal risks.

  5. Recent developments in consumer credit risk assessment sciencedirect.com

    The riskiness of lending to a credit applicant is usually estimated using a logistic regression model though researchers have considered many other types of classifier, but data quality issues may prevent these laboratory based results from being achieved in practice. The…

  6. Random Survival Forests Models for SME Credit Risk Measurement link.springer.com

    Extends the existing literature on empirical research in the field of credit risk default for Small Medium Enterprizes (SMEs), proposing a non-parametric approach based on Random Survival Forests (RSF) and comparing its performance with a standard logit model.

Credit Modeling › Introduction: “Reviews the development of credit scoring (the way of assessing risk in consumer finance) and what is meant by a credit score. Outlines 10 challenges for Operational Research to support modelling in consumer finance.”