While credit-scoring systems have promoted more efficient and, arguably, more equitable extension of credit, the use of such systems by commercial lenders raises new and significant legal issues. In this Article, the author explains the formation and operation of credit-scoring; compares this method to the less precise, more subjective judgmental approach; and examines some of the legal issues inherent in the use of such systems.
David C. Hsia,
Credit Scoring and the Equal Credit Opportunity Act,
30 Hastings L.J. 371
Available at: https://repository.uchastings.edu/hastings_law_journal/vol30/iss2/5