
doi: 10.2139/ssrn.927773
On July 31, 2001, the Payment Cards Center of the Federal Reserve Bank of Philadelphia hosted a workshop that examined current credit risk management practices in the consumer credit industry. The session wasled by Jeffrey Bower, senior manager in KPMG Consulting's financial services practice. Bower discussed best practices in the credit risk management field, including credit scoring, loss forecasting, and portfolio management. In addition, he provided an overview of developing new methodologies used by today's risk management professionals in underwriting consumer risk. This paper summarizes key elements of Bower's presentation.
Consumer credit ; Credit cards
Consumer credit ; Credit cards
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