Question 9
To reduce credit losses, a FinTech company should:
Decrease credit score approval threshold
Increase credit score approval threshold
Eliminate credit checks
Approve all applications
To reduce credit losses, a FinTech company should:
Decrease credit score approval threshold
Increase credit score approval threshold
Eliminate credit checks
Approve all applications
Correct answer
Increase credit score approval threshold
Question 9 of 23 in the IIT Madras BS Business Data Management (BDM) End Term paper sat on 31 Aug 2025, in the May 2025 term (IIT M FOUNDATION AN EXAM QDF3 31 Aug 2025). It carries 1 mark.