What are the advantages and disadvantages of using credit scoring to evaluate a loan application?

Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter18: Acquiring Capital For Growth And Development
Section18.2: Long-term Debt Financing
Problem 1AYU
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What are the advantages and disadvantages of using credit scoring to evaluate a loan application?

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