Credit Scoring And Its Applications By L C Thomas Hot Jun 2026

Thomas showed that a scorecard can be “race-blind” but still perpetuate bias via proxy variables (e.g., zip code correlated with redlining). His proposed solution——is now standard in fair lending audit software.

: The authors address real-world issues including scorecard monitoring, when to update models, and the impact of legislation like equal opportunity and privacy laws Blackwell's Broad Applications