How do you utilize bureau data, and what is your approach to expanding the eligible base? How do you track and manage risk? Can you explain the profit and loss statement of a credit card?

Question

Accepted Answer

I leverage bureau data for risk assessment, expanding eligibility, and analyzing credit card profitability.

Utilize bureau data to assess creditworthiness by analyzing credit scores and payment histories.
Expand the eligible base by identifying underbanked segments and tailoring products to meet their needs.
Track risk through regular monitoring of portfolio performance and adjusting credit limits based on risk profiles.
Manage risk by implementing predictive analytics to forecast potential defaults and adjust strategies accordingly.
Profit and loss statement of a credit card includes interest income, fees, charge-offs, and operational costs.

Asked in Yabx

How do you utilize bureau data, and what is your approach to expanding the eligible base? How do you track and manage risk? Can you explain the profit and loss statement of a credit card?

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