labeling data for credit scoring model

[husseinmazaar]

Dears, 

I have started credit scoring project using SAS E-Miner 6.2 and credit scoring nodes but the bank don't have actual labels because he didn't start the service of loan, I am wondering about the best practices to label the data in order to have two classes (Good and Bad).

I appreciate very much your assistance

Regards,

Hussein 

[husseinmazaar]

UP

[MelodieRush]

Typically you would assign initial labels based on business or bank rules. A simple rule may be based on income, credit history, job history, etc...