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This is a classification project that aims for predicting credit risk or in simpler terms will help the companies to predict bad loans. Predicting the credibility of a loan is very useful in the Banking business. Using machine learning will help to decide, whether to approve a loan or not by accounting for the risk value based on historical data.

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vidhyasasi/German-Credit-Risk

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German-Credit-Risk

The Goal of this project was to predict the Risk factor of loans approved by the German Banks. For this, we had historical data of loans provided by the banks, and cleaned and preprocessed data to make it useful for our prediction. Deployed, the classification algorithm such as Logical Regression with(l1 & l2) and without Regression, K nearest Neighbour method, Random Forest, Gradient Boosting, and finally stacking of Gradient Boosting with Logical regression and KNN. From the analysis of evaluation matrics of these models, we found that logical regression and Stacking of KNN with Gradient Boosting performed well, with around 71% accuracy.

Also tried to predict using pycaret open source package for a low code project.

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This is a classification project that aims for predicting credit risk or in simpler terms will help the companies to predict bad loans. Predicting the credibility of a loan is very useful in the Banking business. Using machine learning will help to decide, whether to approve a loan or not by accounting for the risk value based on historical data.

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