Statistical modelers working with data from credit-
reporting agencies construct credit history scores
using selected factors of the types described above.
Modelers divide each factor into ranges and assign
each range a point count. The score for an individual
is the sum of these points over all factors considered
in the model. Typically, the points and the factors
used in the model are derived from a statistical analy-
sis of the relationship between the factors at an initial
date and the credit performance over a subsequent
period.
RSS
Statistical modelers working with data from credit- reporting agencies construct credit history scores using selected factors of the types described above. Modelers divide each factor into ranges and assign each range a point count. The score for an individual is the sum of these points over all factors considered in the model. Typically, the points and the factors used in the model are derived from a statistical analy- sis of the relationship between the factors at an initial date and the credit performance over a subsequent period.