Undoubtedly, loans are one of the major sources of income for banks and other related financial institutions. A loan helps the customers to meet their short term financial needs and the interest given by the customer is …
There is a growing interest in understanding, as opposed to predicting, the repayment behavior of customers of financial institutions that provide loans. This study proposes a modified Hidden Markov Model (HMM) based …
Financial institutions that provide loans are interested in understanding, as opposed to just predicting, the repayment behavior of its customers. This study applies a modified Hidden Markov Model (HMM) based clustering …
