NDLI: Fuzzy logic based decision support system for loan risk assessment

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Fuzzy logic based decision support system for loan risk assessment

Content Provider	ACM Digital Library
Author	Kapoor, Namarta Bhatia, Nitin Kumar, Sangeet
Abstract	This paper is concerned with risks associated with the loan Risk analysis and related adaptation strategies have grown in importance and complexity during last years. The large amount of data and information that needs to be handled and integrated requires specific methodologies and tools. So selecting a new loan applicant is a important issue of a financial organizations or Banks. There are so many different factors which effect on the selection of applicant who apply for loan. So, it's a problem for Banks and other private financers to choose right applicant so that minimum risk involved during loan process using fuzzy logic. We control this problem in quicker and cheapest way using knowledge and experience of experts which are involved in this process and having knowledge about this field. This paper provides risk analysis based on fuzzy inference system. And provide GUI based interface tool regarding different parameters of an applicant which effect loan risk assessment. The analysis of experimental results of different applicants checks the correctness and consistency of decision Support system for correct decision making.
Starting Page	179
Ending Page	182
Page Count	4
File Format	PDF
ISBN	9781450306355
DOI	10.1145/2007052.2007089
Language	English
Publisher	Association for Computing Machinery (ACM)
Publisher Date	2011-07-21
Publisher Place	New York
Access Restriction	Subscribed
Subject Keyword	Fuzzy logic Decision support system Loan Risk assessment
Content Type	Text
Resource Type	Article

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