Analytics Vidhya Hackathon Nov 2021

We attempted Challenge on Loan Prediction. Details at https://datahack.analyticsvidhya.com/contest/practice-problem-loan-prediction-iii/#ProblemStatement

Domain: Finance Credit Risk

Problem Statement: How to decide whether to approve loan or not?

Existing Alternative: Loan Officer

Proposed Solution: Using Machine Learning binary classifier to predict to predict whether a loan application will be approved by Dream Housing Finance Company

Key metrics: Accuracy

Target Customer: Banks and Financial Institutions

Purpose: To automate the loan eligibility process

Data Source: [Kaggle] (https://www.kaggle.com/ninzaami/loan-predication/home)

The python code and the data file is on github.

Classification Accuracy on Logistic Regression Model obtained was 77.78%