To give the issue a sense of an academic taste, we can refer to Loretta J. Mester who is a vice president and economist in the Research Department of the Philadelphia Fed. She is also the head of the department's Banking and Financial Markets section. In her article which is named as “What’s the Point of Credit Scoring?” Loretta J. Mester introduces credit scori...

Are you having trouble getting your loan application approved? Probably you are one of the millions of individuals who are having trouble getting their loan application approved. They have complied with the requirements and submitted necessary documents, yet they always got a negative response from the application division of the lending company. What have gone wr...