Loan Status Prediction using Support Vector Machine (SVM) Algorithm

You see, any bank, approves a loan based on the two most vital points:

1) How risky is the borrower currently, (This is the factor, on which the interest rate of the borrower will depend), and

2) Should they lend the money to the borrower at the given risks?

If both of these conditions give an affirmatory result, the bank proceeds with the loan approval.

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