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A Fuzzy Logic Expert System for Automated Loan Application Evaluation

Journal: International Journal of Application or Innovation in Engineering & Management (IJAIEM) (Vol.5, No. 7)

Publication Date:

Authors : ;

Page : 059-068

Keywords : ;

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Abstract

ABSTRACT At present cost of undergraduate study in Palestine is increasing and average monthly income is low comparing it with life cost. As a result, request of undergraduate study loans is high. Therefore, there is a rises a need for an automated expert system that evaluate loan applications. Fuzzy logic is an approach to computing based on multivalued rather than Boolean logic (1, 0). In this paper, an expert system based on fuzzy logic proposed for undergraduate loan application evaluation. Process starts of input variables that feed to system. These inputs assigned a degree of one or more membership function (fuzzy sets). These membership functions then aggregated to output membership functions by linguistic fuzzy sets know as rule sets. Keywords: Fuzzy Logic, Expert System, Automated System, College Loan, College Loan Application Evaluation.

Last modified: 2016-08-13 23:36:33