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2 articles for “Loan approval”
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A Review on Loan Approval Prediction Based on Machine Learning Techniques
Abstract: The banking industry has also benefited greatly from technological advancements. An increasing number of individuals are submitting loan applications on a daily basis. When deciding which loan applicants to approve, the bank must take certain rules into account. The bank needs to choose the best one for approval based on certain characteristics. The process of carefully verifying every person and recommending them for loan approval is laborious and fraught with …
Published in Journal of Computer Technology & Applications · Vol. 15, Issue 2, 2024 · pp. 1–11 Read article
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Loan Prediction Using Random Forest Algorithm
Abstract: With the growth of the banking sector, more and more people are applying for bank loans. All of these loans are not allowed. The principal income of bank assets arises from the interest earned on the loan. Bank profit or loss depends largely on the amount of the loan, i.e., whether customers pay off the loan or fail. The main purpose of banks is to invest their assets in secure …
Published in Journal of Advanced Database Management & Systems Read article