2.3.2.3 Formula

CreDA’s Credit Oracle calculates the total credit score (S) using the following formula:

• S represents the resulting total credit score.

• n denotes the total number of credit factors.

• x refers to the score value assigned to a specific factor.

• Maximum and Minimum Scores: Each credit factor can contribute a maximum of 1,000 points towards the total score. The minimum score, when a factor has a weight of 0, is calculated as one quarter (0.25) of the score attributed to a weight of 1.

Decimal Handling: When calculating scores, if the outcome results in a decimal, only the integer part is retained. For example, a calculated score of 20.5 would be officially recorded as 20.