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Posts under ‘Finance’

Do you Need a Credit Card?

Credit cards have exploded in popularity. There are no more credit cards and credit card options available than ever before. There are credit cards available for all kinds of borrowers and they are designed to fit a whole range of circumstances. They have many advantages and there are many good reasons why you will need [...]

Credit Scoring

Credit scores are used to determine the credit risk of loan applications.  This is done using historical data as well as statistical techniques.  The score can be used by banks to produce a rank for the loan applicants and borrowers in terms of risk factors. To build this model developers analyze historical data of previously [...]