Journal of Sensor Networks and Data Communications(JSNDC)
ISSN: 2994-6433 | DOI: 10.33140/JSNDC
Impact Factor: 0.98
Researchers and authors can directly submit their manuscript online through this link Online Manuscript Submission.
Fair Lending in the Age of AI: A Risk Assessment Model for Credit Scoring Systems
Abstract
Kenneth Gerber
Purpose: An Artificial Intelligence (AI) driven credit scoring model predicts the likelihood that an applicant will repay a loan. The- score influences decisions such as:
• Loan approval
• Credit limits
• Interest rates
• Eligibility for financial products