Sat.Apr 01, 2017 - Fri.Apr 07, 2017

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How to Build Credit Risk Models Using AI and Machine Learning

Fico Collections

. Which works better for modeling credit risk: traditional scorecards or artificial intelligence and machine learning? Given the excitement around AI today, this question is inevitable. It’s also a bit silly. While some new market entrants may have a vested interest in pushing AI solutions, the fact is that traditional scorecard methods and AI bring different advantages to credit risk modeling — if you know how to use them together.

Lender 52
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$1.90 Can’t Buy You an FDCPA Violation

Consumer Financial Services Law

A consumer who sued a debt collector over an inaccurate statement as to the amount of a settlement offer recently saw his complaint dismissed for lack of standing. In Allgire v. HOVG, LLC , the plaintiff was contacted regarding a medical debt and offered a settlement for the discounted sum of $318.00. Allgire v. HOVG, LLC , C.A. No. 1:16-cv-961, 2017 U.S.