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Credit Scoring & Its Applications

(Monographs on Mathematical Modeling and Computation)

By Lyn C. Thomas, David B. Edelman, Jonathan N. Crook

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| Paperback | 9780898714838

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Book Description

Tremendous growth in the credit industry has spurred the need for Credit Scoring and Its Applications, the only book that details the mathematical models that help creditors make intelligent credit risk decisions. Creditors of all types make risk decisions every day, often haphazardly. This book addContinue

1 Review

Comprehensive for scorecard builder

This book illustrated the complete mathematical background and other implementation concerns for a credit risk scorecards(the way a bank accesses the approval of any lending). Pretty impressive and only of its kind in the market for credit scorecard rating.
My comment on different aspects of t ... (continue)

This book illustrated the complete mathematical background and other implementation concerns for a credit risk scorecards(the way a bank accesses the approval of any lending). Pretty impressive and only of its kind in the market for credit scorecard rating.
My comment on different aspects of the book:
On more technical aspect: I wish the book could have models on Loss-given-default model since it's also part of credit risk model...
On the style: The book is too concise on its maths. Wish to have more elaboration or references so that I can drill down its math.

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