Doing Business In India


Credit Scoring

Posted in Credit by DoingBusinessInIndia on the January 18th, 2008

Credit Scoring is the aggregation of all risk points into a single number to represent chances of default on any future obligations. Thousands of different credit scoring methods exist today for various evaluation purposes. Each unique credit scoring system is accurate and correct for its own application. The credit scores accounts for information relating to payment history, outstandings, credit history, type of credit lines, financial performance and other qualitative aspects. The way to maintain high credit scores is by making payments in time, appropriate choice of credit lines (long term assets matched to long term loans), proper leveraging and high level performance.]]>

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