Risky Risk Management: An Informal Tour of Consumer Credit Risk Management.

by Alejandro Domínguez

Credit Risk Management is an invisible and omnipresent influence in everyone’s lives. Somewhere, someone is making decisions about the interest rates and fees you will have to pay in order to have a an auto loan, a mortgage, a credit card or any other type of financial product.While banks and credit bureaus try to make an effort to “educate” the public about the importance of managing debt, and while there are resources to help you get out of it, there are few resources or books to explain how this industry How decisions are made; how they make or lose money; and what’s in the mind of the employees of those institutions.This book is for anyone who uses credit products or anyone who is planning to start a career in the Consumer Credit industry. Business analysts will find useful overviews of most of the products offered by this industry.This is a non technical review, meaning that we don’t go deep into the math, statistics and quantitative modeling required for decision making, instead, the tone is conversational and light.

210 pages, Kindle Edition

Published November 6, 2018

Reviews

[Prashant Gupta]

Good introduction to credit risk analysis

The book is a good introduction to credit risk analysis. The topics were well covered and written in very easy to understand language.

I was a little annoyed with the typos in the book, and that reflects in my ratings