Difference between revisions of "Credit Score Scale"

From Open Risk Manual
 
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Latest revision as of 21:01, 11 September 2020

Definition

A Credit Score Scale is the numerical range over which a Credit Scorecard produces numerical credit scores

If the credit score is communicated externally (e.g. to clients), this range will be chosen to facilitate communication as it is not intrinsically tied to the outcomed of the predictive model (which can be scaled)