What are points earned and weighted points earned?

A point earned is the score assigned to a data point value, determined by the scores assigned to the data point ranges in the scoring model.

For example, if Data Point A is set up with a score of 5 for the range of values 1 > 50, and a score of 10 for the range of values 50 > 100, then if the value of Data Point A in the case folder is 32, the point earned is 5.

A weighted point earned is (point earned x the weight assigned to the data point). So if the point earned for Data Point A is 5, and the weight given to Data Point A in the scoring model is 50, then the weighted point earned is 250 or 2.5, expressed as a percentage.

The calculation of a credit score is the sum of the weighted points earned expressed as a percentage.