Benchmarking state-of-the-art classification algorithms for credit scoring: An update of research
There have been several advancements in scorecard development, including novel learning methods, performance measures and techniques to reliably compare different classifiers, which the credit scoring literature does not reflect. This paper compares several novel classification…
- from
- Credit Modeling
- added
- 2026-10-10
- likes
- 0
similar
-
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…
-
Statistical Classification Methods in Consumer Credit Scoring: A Review jstor.org
Classic introduction and review of the subject of credit scoring.
-
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…
-
Machine learning predictivity applied to consumer creditworthiness fbj.springeropen.com
Analyzes the adequacy of borrower’s classification models using a Brazilian bank’s loan database, exploring machine learning techniques, and comparing their predictive accuracy with a benchmark based on a Logistic Regression model. Comparisons are based on usual classification…
-
Credit scoring methods: Latest trends and points to consider sciencedirect.com
"(...) This article aims at providing a systemic review of the most recent (2016–2021) articles, identifying trends in credit scoring using a fixed set of questions. The survey methodology and questionnaire align with previous similar research that analyses articles on credit…
-
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…
Credit Modeling › Credit Scoring: “There have been several advancements in scorecard development, including novel learning methods, performance measures and techniques to reliably compare different classifiers, which the credit scoring literature does not reflect. This paper compares several novel classification…”