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Berino and introduced only last year. A number of officers had doubts as to its reliability and accuracy. In fact, they already had one bad experience with a company which was given a high credit score but later had problems with its payments.
• Mr. Berino designed a credit scoring model with formula for evaluating loan applications. He envisioned a system which would serve as a quick first step in the grading and ranking of potential corporate barrowers.
• When the credit scoring system was introduced, it was received with mix reactions. Some officers felt that the credit scoring system would speed up the processing of loan applications...
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Common topics in this essay:
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