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Importance of Credit Risk AssessmentWith rising consumerism and demand for credit, assessment of credit risk has become increasingly important for lenders as well as borrowers. A proper credit risk assessment helps lenders minimize losses due to defaults and supports borrowers to get access to affordable creditWhat is Credit Risk Assessment?Credit risk assessment refers to the process of evaluating the ability and willingness of...0 Comments 0 Shares 1K Views 0 Reviews
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Surging Adoption Of Machine Learning And AI To Strengthen Credit Risk Assessment Market Growth Over The Coming DecadeThe Credit Risk Assessment Market is estimated to be valued at US$ 7.31 Bn in 2023 and is expected to exhibit a CAGR of 12.4% over the forecast period 2023 - 2030, as highlighted in a new report published by Coherent Market Insights.Market Overview: The credit risk assessment market caters to the banking and financial services industry by providing solutions that help evaluate risks associated...0 Comments 0 Shares 2K Views 0 Reviews