Predicting credit scores
In this section, we will explore another data set; this time, in the field of banking and finance. The particular data set in question is known as the German Credit Dataset and is also hosted by the UCI Machine Learning Repository. The link to the data is https://archive.ics.uci.edu/ml/datasets/Statlog+%28German+Credit+Data%29.
The observations in the data set are loan applications made by individuals at a bank. The goal of the data is to determine whether an application constitutes a high credit risk.
|
Column name |
Type |
Definition |
|---|---|---|
|
|
Categorical |
The status of the existing checking account |
|
|
Numerical |
The duration in months |
|
|
Categorical |
The applicant's credit history |
|
|
Categorical |
The purpose of the loan |
|
|
Numerical |
The credit amount |
|
|
Categorical |
Savings account/bonds |
|
|
Categorical |
Present employment since |
|
|
Numerical |
The installment rate (as a percentage of disposable income... |
