Kreditmåling

Kreditmåling, often translated as credit scoring or credit assessment, is the process of evaluating the creditworthiness of an individual or entity. This involves analyzing their past financial behavior and other relevant data to predict the likelihood of them repaying borrowed money. Lenders, such as banks and financial institutions, use credit measurement to make informed decisions about whether to approve loan applications, determine interest rates, and set credit limits.

The process typically relies on credit bureaus that collect and maintain credit histories. These histories include information such as payment history, amounts owed, length of credit history, new credit, and types of credit used. This data is then used to generate a credit score, a numerical representation of credit risk. A higher credit score generally indicates a lower risk for the lender, potentially leading to more favorable loan terms.

Factors influencing credit measurement can vary but often include income, employment stability, existing debt obligations, and public records like bankruptcies. Different scoring models exist, each with its own methodology for weighting these factors. Understanding credit measurement is crucial for individuals and businesses seeking to access credit, as it directly impacts their ability to borrow and the cost of that borrowing.