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Machine Learning for Loan Delinquencies | Forum
Brian Bennett
Mar 27 '23
Machine learning (ML) can extract deep and complex ideas from data to help make decisions. In many cases, the use of more advanced models provides real business value by significantly improving traditional regression models. Unfortunately, using traditional infrastructure to explain the reasons for making a particular decision using a more advanced model can be difficult, time-consuming and expensive.
Mike Stoner
Mar 27 '23
I completely agree with you on how powerful machine learning can be for decision-making, especially for identifying loan delinquencies. It's amazing how much deeper insights we can gain from complex data sets with the help of ML models. I also understand the challenges of explaining the decisions made by these models. It can be a time-consuming and expensive process, but it's important to ensure transparency and accountability. Have you checked out thefinitygroup.com? They offer some great solutions for financial planning for physicians.
