How AI is being used for credit scoring
- August 27, 2023
- AutoAI AutoAI
Credit scoring is a process used by lenders to determine the creditworthiness of a borrower. It involves analyzing a borrower's credit history, income, and other factors to determine the likelihood that they will repay their debts. Traditionally, credit scoring has been done using statistical models that are based on historical data. However, in recent years, …