Loan Approval Solutions
To be approved, an accumulated borrower’s equity with respect of all known “securities” should be larger than an accumulated debt plus the loan amount ($50K). You may assume Peter’s monthly income is $4,000 while his monthly debt is $2,500. The requested loan term is 36 months. The total borrower’s equity can be calculated as Monthly Income * 0.8 * Loan Term. Each security contributes its (equity – debt) to the global evaluation of the loan status.
How your solution will handle new “but”-events? This OpenRules video demonstrates a possible implementation with a decision engine integrated into PUB/SUB message broker (ESB).
Send your solutions to DecisionManagementCommunity@gmail.com.
- OpenRules – submitted by Jacob Feldman