This subsection provides instructions on how to manage scorecard settings.
The scorecard developed using practical knowledge and technical modelling skills allows efficiently evaluating the creditworthiness of borrowers.
Turnkey Lender provides for using both a built-in and custom scorecard. The Administrator can select a scorecard to be used for evaluation of borrower's data.
To select a scorecard:
1) In the option menu to the left, click Scorecard.
If the built-in scorecard is already used, a corresponding notification is displayed on the workplace:
2) (Optional) If the built-in scorecard is used, click Use Custom Scorecard to use the custom scorecard.
If the custom scorecard has been previously set, it gets displayed with specified scoring characteristics and risk segments:
Note: | If the custom scorecard has not been set, follow the procedure described in the Setting a Custom Scorecard subsection below to set the scorecard. |
3) Verify specified scoring characteristics and risk segments and edit them if necessary (refer to the Setting a Custom Scorecard subsection below).
4) Click Save Changes.
Note: | If a total score value for all characteristics exceeds a maximum possible score specified in risk segments, the corresponding warning message opens. |
The confirmation message opens:
5) Click OK.
The custom scorecard will be applied for the evaluation of borrower's data.
6) If the custom scorecard is used, click Use Built-in Scorecard to use the built-in scorecard instead.
