Credit Risk Management: Credit Data

Credit Risk Management: Credit Data

Intuition Publishing Pty Ltd
Updated Sep 25, 2020

Credit data is a value or text recorded in a data field. Data is required to be turned into information, which can be used to understand credit risk and inform decision-making. Here we introduce the concept of credit data. We describe why credit data is needed, some the issues surrounding credit data capture, and the requirements for turning credit data into information.