Location
Stephen F Austin State University, Baker Pattillo Student Center, Twilight and Grand Ballrooms
Start Date
22-4-2010 4:00 PM
End Date
22-4-2010 8:00 PM
Description
In completing this model, we want to view a portfolio of loans at a bank and be able to predict the default rate on an auto loan. We also want to be able to look at an individual loan and predict the default probability taking into consideration interest rate, term, number of days late, times late, original loan amount, collateral value, LTV and credit score. The data will assist in forecasting default rates in future years and in projecting income and loss for a bank. We predict at the end of the model, credit score will be the main indicator of default rate on any given loan.
Default Rate on Auto Loans
Stephen F Austin State University, Baker Pattillo Student Center, Twilight and Grand Ballrooms
In completing this model, we want to view a portfolio of loans at a bank and be able to predict the default rate on an auto loan. We also want to be able to look at an individual loan and predict the default probability taking into consideration interest rate, term, number of days late, times late, original loan amount, collateral value, LTV and credit score. The data will assist in forecasting default rates in future years and in projecting income and loss for a bank. We predict at the end of the model, credit score will be the main indicator of default rate on any given loan.
