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Managing consumer credit risk

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Author Info
Peter Burns
Anne Stanley
Abstract

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 was led 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.

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Paper provided by Federal Reserve Bank of Philadelphia in its series Payment Cards Center Discussion Paper with number 01-03.

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Date of creation: 2001
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Handle: RePEc:fip:fedpdp:01-03

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Related research
Keywords: Consumer credit ; Credit cards;

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This page was last updated on 2009-11-27.

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