Credit Scoring models allow to determine default risk associated with customers. Proper treatment of customers characterized by increased risk of discontinuing payments provides the means to reduce financial losses.

Two basic types of Credit Scoring can be distinguished: Application Scoring and Behavioral Scoring. Application Scoring is based on the data collected from the customer's application forms. Behavioral Scoring can be performed after the signing of the contract, on the basis of behavioral information about the client.

StatConsulting offers construction, monitoring and update of various types of scoring models and scoring cards. We have delivered several tens of scoring models and we posses many years of analytical experience in the field.

The benefits of using our credit scoring services are:

• increased profits due to the identification of customer groups characterized by elevated credit risk,
• the ability to employ appropriate financial security mechanism,
• identification of factors causing changes of credit risk.

See also:

• StatScore - an Application for Designing Scoring Models and Scoring Cards
• Credit Scoring in banking sector
• StatCR - a Credit Risk Management system
• Information on available training courses