Assesment on the credit quality of the borrower to indicate the level of risk associated with the borrower by creating a Scorecard and then Calculated the Expected Loss associated with the borrower. To find the Expected Loss according to Basel II norms I have to calculate the Probability of Default, Loss Given Default and Exposure at Default. Data Used: Lending Club Loan Data from Kaggle href:https://www.kaggle.com/husainsb/lendingclub-issued-loans
Data contains complete loan data for all loans issued through the 2007-2015, including the current loan status (Current, Late, Fully Paid, etc.) and latest payment information. The file containing loan data through the "present" contains complete loan data for all loans issued through the previous completed calendar quarter. Additional features include credit scores, number of finance inquiries, address including zip codes, and state, and collections among others.