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Automating Decision Layers for Private Loans

In: Expert Systems in Banking

Author

Listed:
  • Dimitris N. Chorafas
  • Heinrich Steinmann

Abstract

Digital Equipment Corporation had a problem with its Credit Union in processing employee loans. This led to the building of a Loan Advisor to sort out applications and make a series of recommendations for necessary documents in order to get the loan — or alternatively to approve it.

Suggested Citation

  • Dimitris N. Chorafas & Heinrich Steinmann, 1991. "Automating Decision Layers for Private Loans," Palgrave Macmillan Books, in: Expert Systems in Banking, chapter 10, pages 215-236, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-11368-2_10
    DOI: 10.1007/978-1-349-11368-2_10
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