Keywords:commercial bank, credit application, credit limit, crediting of individuals, decision-making system, scoring, underwriting
Citation: Daniil Tkach (2010). Decision Making on a Credit Application on the Basis of Scoring Systems. Russian Journal of Entrepreneurship, 11(6), 103-107. — url: http://bgscience.ru/com/lib/1948
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Abstract:
The article deals with the methods of increasing profits of commercial banks in mass retail crediting of individuals. Increased competition in the banking sector forces lenders to reduce interest rates on credit obligations and to mitigate the requirements for borrowers. All these factors show keen interest of banks in improving work efficiency related to the decisions on loan applications.