Credit scoring has been crucial in assessing consumer credit risks for decades. With lenders now focusing on maximizing profits, new models are needed to address challenges in the market. The book reviews current credit scoring methods and introduces models to tackle these challenges. It explains how credit scores are used in lending decisions, measures scorecard quality, and models risk and response scoring for consumer lending. These models help lenders adjust loan terms based on borrower characteristics, predict repayment behavior, and comply with banking regulations.