Rule based Model for Credit Evaluation using Rough Set Approach

Abstract

Credit plays an important role in the economy. Credit Evaluation of any potential credit application has remained a challenge for banks all over the world till today. Credit evaluation can be defined as a technique that helps lenders to decide whether to grant credit to consumers or not. Its increasing importance can be seen from the growing popularity and application of credit scoring. It is mandatory not only to construct effective credit scoring models to help improve the bottom-line of credit providers, but also to design rule based system for effective credit evaluation system. This paper approaches the use of rough set technique to generate rule based system for credit scoring model.