In underwriting, which statement best describes the difference between credit scoring models and manual underwriting?

In underwriting, which statement best describes the difference between credit scoring models and manual underwriting?

• A. Manual underwriting uses human analysis for standard cases.
• B. Credit scoring models rely on automated data rather than human judgement.
• C. Credit scoring uses automated models to assess risk; manual underwriting handles exceptions or complex cases.
• D. They are identical processes.

Answer: (C)