Years ago I got a project building a credit scoring system for a bank that did auto loans in Dubai. It was a lot of fun, I got hold of tons of data, did a multivariate regression analysis, and the result was absolutely useless.

About the only thing that really worked was if the borrower owned a dog; owning a dog and paying your debts on time are incredibly well correlated. Now that’s an idea, how about instead of "cash for clunkers"…"cash for puppies?"

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