Computer Science
8 years ago

Improved neural network reduces credit risk for small loan companies by 90%.

Credit Management Based on Improved BP Neural Network
Lei Wang, Yuehui Chen, Yaou Zhao, Qingfei Meng, Yishen Zhang

Paper Summary

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Credit management is crucial for reducing risk in loan companies. In Ji'nan City, a study used an improved neural network to predict customer credit status. By enhancing the algorithm, they achieved a 90% accuracy rate in training and 80% in testing. This helps reduce credit risk objectively, improving decision-making for loan companies.