Japan: use of scoring systems for home loan approval process 2022

According to a survey conducted in 2022, almost 60 percent of private financial institutions in Japan did not use a scoring system in their screening process for housing loans. At the same time, around 15.5 percent reported using scoring systems as the main method in the approval process.

Share of private financial institutions using scoring systems in the screening process for housing loans in Japan in 2022

Characteristic	Share of respondents
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Release date

March 2023

More information

Region

Japan

Survey time period

October to November 2022

Number of respondents

1,009 private financial institutions*

Special properties

completed survey forms were collected by mail, e-mail, fax, etc.

Supplementary notes

*Survey sample:
City banks and trust banks: n=16
Regional banks I: n=60
Regional banks II: n=34
Shinkin banks: n=223
Credit cooperatives: n=128
Labor credit associations: n=13
Agricultural cooperatives: n=515
Life insurance companies: n=5
Non-life insurance companies: n=2
Mortgage banks, etc.: n=13

The scoring method refers to the use of a score for different items (annual income, etc.) of an applicant's data to determine whether or not a loan is granted.

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