This project implements a simple web-based loan approval application to assess client creditworthiness. It considers various factors to determine eligibility and loan amount limitations.
Features:
This assigns points based on specific criteria:
- Account Balance: Positive or negative points depending on if the balance exceeds the loan amount.
- Credit History: Awards points for consistent activity in the past 6 months.
- Recent Deposit: Grants points if a deposit occurred within the last month.
- Loan Repayment History: Positive points for on-time repayments exceeding 6 months.
- Loan Repayment Period: Short repayment periods (below 6 months) receive fewer points.
- Account Type: Current accounts receive higher points compared to savings accounts.
- Loan Approval Threshold: A minimum score of 30 points is required for loan approval.
This project uses JavaScript as programming language of choice, HTML and CSS for structure and styling.