Question: Select the incorrect statement regarding credit scoring models. A FICO score of 7 2 0 is viewed favorably by lenders Fls develop proprietary models based

Select the incorrect statement regarding credit scoring models.
A FICO score of 720 is viewed favorably by lenders
Fls develop proprietary models based on borrower characteristics and historical loan performance
Altman's Z Score and Moody's Credit Monitor Model can be used to predict the likelihood of default
Credit scoring models are never used when banks lend to large, publicly traded firms.
Select the incorrect statement regarding credit scoring models. A FICO score

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