Variables Important to Credit Scoring Models Include

question 46

Multiple Choice

Variables important to credit scoring models include:

• A) age of credit scoring company.
• B) negative private records.
• C) facility owned by competitors.
• D) age of company in years.

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Definitions:

Charitable Contributions

Money or goods given to organizations for the purpose of helping people or supporting societal, educational, religious, or other charitable activities.

Favorable Tax Treatment

Tax policies or provisions that reduce the tax burden on certain activities, income types, or investments to encourage their growth or stability.

Marginal Adjustment

Small, incremental changes made to a plan, system, or calculation in response to changes in circumstances or new information.

Marginal Changes

Small incremental adjustments to a plan of action, often analyzed in economics to understand the effects of slightly altering production, consumption, or investment.