Insurance-Based Credit Scores: Impact on Minority and Low-Income Populations

Abstract
In January 2004, the Missouri Department of Insurance released a report on the impact of credit scores on minority and low-income populations. This article is condensed from that study which examines whether, and to what extent, those credit scores are correlated with specific demographic characteristics by ZIP Code.
Volume
Vol. 22, No. 3
Page
77-90
Year
2004
Categories
Actuarial Applications and Methodologies
Ratemaking
Credit Scoring
Business Areas
Automobile
Personal
Business Areas
Homeowners
Publications
Journal of Insurance Regulation
Authors
Brent Kabler