How to Use Machine Learning for Credit Scoring - BBN Times

Summary

The article describes the use of machine learning in credit scoring, focusing on how it enhances traditional models by analyzing extensive data to improve predictions of a borrower's creditworthiness. This aligns with tags like 'Predictive analytics' and 'Credit scorecards', and involves data processes like 'Training, validation, and test data sets', all critical for improving 'Personal finance' decisions.