Which of the following is not likely to be a characteristic of a numerical credit scoring system?
A)Used to prescreen credit applications
B)Used shareholders' income tax returns
C)Less subjective than using individual loan officers
D)Most appropriate for consumer loans

Question

Quizplus · Accepted Answer

Shareholders' income tax returns are not typically used in a numerical credit scoring system as they are not directly relevant to an individual's creditworthiness. Most numerical credit scoring systems rely on factors such as payment history, outstanding debts, length of credit history, and types of credit used.

Which of the Following Is Not Likely to Be a Characteristic