Advanced Loan Eligibility Prediction Systems Using Deep Learning

Advanced Loan Eligibility Prediction Systems Using Deep Learning

An investigational Approach

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A loan is a financial transaction in which one party, often a lender, lends money, commodities, or services to another party, known as the borrower, with the expectation of repayment in the future. Loans are often made with the idea that the borrower would repay the loan amount plus any relevant interest or fees over a set period of time. And the success and failure of these lending sectors depend on the ability to evaluate the credit risk, as it has become a significant role of financial institutions/banking sector to sanction loans. Based on their requirements and business rules they approve...