Models and Scoring

When used properly, credit scoring models are effective risk management tools. National banks can use credit scoring models to

  • control risk selection,
  • manage credit losses,
  • evaluate new loan programs,
  • improve loan approval processing time,
  • ensure that existing credit criteria are sound and consistently applied,
  • improve compliance with the Equal Credit Opportunity Act and the Fair Housing Act, and
  • improve profitability.

Follow the links on this page to regulatory resources related to credit models and scoring.


Credit Scoring Models: Examination Guidance (OCC 1997-24, May 1997), Guidance
Informs national banks of the OCC's concerns about proper use of credit scoring models

Risk Modeling, Model Validation (OCC 2000-16, May 2000)
Provides guidance for mitigating potential risks arising from reliance on computer-based financial models that are improperly validated or tested