Credit Scoring Enquiry Function - Introduction
Normally upon customer’s submission of a credit application to a bank, or financial institution, credit officer will proceed to perform preliminary credit assessment or evaluation before submitting the same credit application for approval by the relevant approving authority.
However, during the transition period from the day a credit application has been submitted to a bank, or financial institution from the marketing team until the final credit approval process, there are chances that some credit scoring items' scores may have changed.
In view of the above reasons, this function will be useful for the 'authorised user' to view the summary and details of respective credit scoring evaluation done for each credit application.