Making a credit score
it starts with data
Abstract
While credit scores are simply scaled probabilities of delinquency, based on regressions that related data in the credit report to performance on this or that debt, they play a starring role in the dehumanization of commerce. Thus, what is in the credit report (or not in the credit report) is critical. This chapter tries to explain what creditors (data furnishers in this context) say about people by looking at the data available in the TransUnion credit report. I review TransUnion data because I cannot directly obtain what comes from creditors, but the format they use is in what is called the Metro 2 published the trade association of the CRAs. Because the TransUnion format ...
Get Credit Data and Scoring now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
