Sentences with phrase «risk score relies»

Your insurance risk score relies heavily upon your credit score.

Not exact matches

Typically, these businesses describe their loans as faster and more readily available to customers than bank loans, because they leverage technology to evaluate risk on a number of factors, as opposed to relying solely on credit scores.

Such risk factors, however, complicate the interpretation of large - scale standardized test scores and their related value - added estimates, as VAMs rely solely on large - scale standardized test scores to yield their growth estimates.

Most of the grade would rely on test scores with added weights for reading achievement and at - risk student performance.

This software is better able to identify risk, meaning Upstart doesn't rely solely on (and customers aren't entirely beholden to) FICO credit scores.

With increasing distance from the underlying asset these actors relied more and more on indirect information (including FICO scores on creditworthiness, appraisals and due diligence checks by third party organizations, and most importantly the computer models of rating agencies and risk management desks).

The less credit you use or money you borrow, the better it looks on your credit score, since it tells the bureaus that you don't rely too much on credit to get by, thus, posing a lower risk of going into debt.

Private lenders must have a way of assessing the risk of a borrower and without relying on credit score; they use the LTV of a property.

While most car insurance companies rely on risk factors and credit scores to help determine insurability, there are a few providers that are more accepting of low credit and high risk drivers.

Gauging risk it what the industry is about (i.e. FICO scores, the reasoning behind DTI front - end and back - end ratios), so relying on rigid models to reduce lender discretion is insane if that actually distorts risk calculations.

Usually when we speak of credit scores, we mean the «credit bureau risk scores» that rely entirely on credit information from your credit reports at the three national credit bureaus — Equifax, Experian and TransUnion.

Lenders are increasingly looking for better ways to assess the risk of potential borrowers after the financial crisis, but many of the biggest banks are relying more heavily on in - house analytics instead of outside scoring models.

Of course the check writer is not privy to this risk scoring model but it relies upon historic statistical models which establish the level of risk involved in check transactions.

The less credit you use or money you borrow, the better it looks on your credit score, since it tells the bureaus that you don't rely too much on credit to get by, thus, posing a lower risk of going into debt.