HMEQ_Data
Dataset:6036440
OpenML dataset with id 43337
No author found.
Full work available at URL: https://api.openml.org/data/v1/download/22102162/HMEQ_Data.arff
Upload date: 23 March 2022
Dataset Characteristics
Number of features: 13 (numeric: 11, symbolic: 0 and in total binary: 0 )
Number of instances: 5,960
Number of instances with missing values: 2,596
Number of missing values: 5,271
Context
The consumer credit department of a bank wants to automate the decisionmaking process for approval of home equity lines of credit. To do this, they will follow the recommendations of the Equal Credit Opportunity Act to create an empirically derived and statistically sound credit scoring model. The model will be based on data collected from recent applicants granted credit through the current process of loan underwriting. The model will be built from predictive modeling tools, but the created model must be sufficiently interpretable to provide a reason for any adverse actions (rejections).
Content
The Home Equity dataset (HMEQ) contains baseline and loan performance information for 5,960 recent home equity loans. The target (BAD) is a binary variable indicating whether an applicant eventually defaulted or was seriously delinquent. This adverse outcome occurred in 1,189 cases (20). For each applicant, 12 input variables were recorded.
Acknowledgements
Inspiration
What if you can predict clients who default on their loans.
This page was built for dataset: HMEQ_Data
