- Overview:
A loan providing company which lends loans to the urban customers, processes loan application by verifying their capability to re-pay the loan.
- Business Objective:
--> This case study aims to identify patterns which indicate if a client has difficulty paying their installments which may be used for taking actions such as denying the loan, reducing the amount of loan, lending (to risky applicants) at a higher interest rate, etc.
--> This will ensure that the consumers capable of repaying the loan are not rejected. Identification of such applicants using EDA is the aim of this case study.