Data modelling, Analysis, Statistical Planning for loan market

Closed Posted May 31, 2015 Paid on delivery
Closed Paid on delivery

Gearcash app is a cash lending platform. We collect 5 basic fields for borrower profile: age, rented or bought house, annual income, number of loans, total debt.

Utilising these 5 fields, you will provide me with....

1) a formula to get a "Gearcash Basic Credit Score", where point 1 is the poorest credibility, and point 100 is the healthiest credibility. (Do your research on how typical credit scores are formulated and provide your own twist.). Provide me the technical explanantion to how you derive this score and explain in detail the calculation and why this is a more accurate way of determining the "Gearcash Basic Credit Score".

apart from the above 5 profile fields, we will additional data from his usage of the app, we call this data "loan behavior". The data fields we will have will be: Loan amount requested, number of times requested, number of loans taken up from Gearcash, loan amount accepted, loan interest rate accepted.

2) i need another formula to get a "Gearcash Advanced Credit Score". This advanced credit score is basically the "Gearcash Basic Credit Score" PLUS his "loan behavior" data.

So you would need to break this down into 2 parts

a) Formulating a "loan behavior" score, where 1 is the poorest loan behavior, and 100 is the healthiest loan behavior. Provide me the technical explanantion to how you derive this score and explain in detail the calculation and why this is a more accurate way of determining the "loan behavior".

b) Formulating the "Gearcash Advanced Credit Score", which is basically the "Gearcash Basic Credit Score" MERGED with his "loan behavior" data. Provide me the technical explanantion to how you derive this score and explain in detail the calculation and why this is a more accurate way of determining the "loan behavior".

So in summary of above, i need 3 forumlas developed as above.

Big Data Sales Financial Analysis Mathematics Statistical Analysis Statistics

Project ID: #7771379

About the project

17 proposals Remote project Active Jul 7, 2015

17 freelancers are bidding on average $102 for this job

ACMAuk

Hi, I am Chartered Management Accountant from CIMA-UK as well as MSc Statistics with excellent hands on experience in MS Excel. We would be requiring more information to develop the model required, and we may be More

$100 USD in 5 days
(171 Reviews)
6.8
sheak

Quality writer at your service,please consider my bid for high quality work on time. Hi, Are you little worried and finding freelancer for your task, i am here to deliver beyond your expectations. Award me project with More

$100 USD in 3 days
(26 Reviews)
6.3
karanrajput1112

As a Post Graduate in Statistics and graduate in mathematics, i have a lot of experience in handling statistical data, especially in Time Series Modelling & Forecasting, Regression analysis,correlation , ANOVA, statist More

$142 USD in 1 day
(49 Reviews)
5.5
d2imatrix

Hi, We are credit risk analysts and have been working on credit scoring for last 10 years. Here is what we can provide you. 1. A logistics regression based model to get the parameter estimates first for the "Gearcash More

$120 USD in 5 days
(19 Reviews)
4.9
ashurao

~~~Graduate in Applied Statistics~~~ Expert: @Time Series Analysis, Econometrics, Design of Experiment, @Multivariate analysis,Linear Regression analysis, @Bio-Statistics, Actuarial Statistics. More

$100 USD in 1 day
(5 Reviews)
3.2
sjainfirst

I have a good experience of working with various lenders for debt syndication and believe I can help with this project.

$90 USD in 5 days
(0 Reviews)
0.0
farhan00100

I am a qualified Professional, who initiates sophisticated assignments, meets tight deadline and brings out quality performance. Possess practical knowledge and experience in corporate finance and accounting practice. More

$77 USD in 4 days
(0 Reviews)
0.0
Amritpratihasta

Dear Sir, I am a banker, with a huge interest in analytics. I find your project really interesting. I have excellent excel skills. I have done several projects on SAS. Looking forward to work for your project.. All I More

$10 USD in 10 days
(0 Reviews)
0.0
edwardsjeremy

A proposal has not yet been provided

$111 USD in 1 day
(0 Reviews)
0.0
helena25h

This is an interesting task that requires creativity. Technicality it will include analysis of at least two datasets and lots of documentation writing. This project requires a unique approach and hence requires time to More

$133 USD in 2 days
(0 Reviews)
0.0
singhprashant7

We can analyse your data using a map reduce program. How large your data set is? We can discuss further on this requirement.

$100 USD in 1 day
(0 Reviews)
0.0
CHRISTIANLA28

I understand the work to extract data because they must organize, tabulate, and prepare a report in Excel with advanced graphics and pivot tables. Also I can do an analysis solver to compare scenarios and take better d More

$100 USD in 3 days
(0 Reviews)
0.0
aks10000

I must tell you that how it is going to be done. First the relationships between dependent variable and independent variables through Q-Q plot and interactions of independent variables will be analyzed. After understan More

$122 USD in 1 day
(0 Reviews)
0.0
nisargpathakphd

As the professional working in the financial data analytics, I have managed few projects on credit cards domain I have enough domain experience to handle the project. As per the project description it can be easily More

$30 USD in 1 day
(0 Reviews)
0.0
kkdatamanthan

I am assuming you will provide the historical data. Based on historical data, I will start with simple perceptron model and then move to complex model. Complex models are not always better but I will check to see if th More

$116 USD in 3 days
(0 Reviews)
0.0