Presenting an Innovative Method Based on Ensemble Learning for a Credit Approval System

A credit approval system is a framework or process that financial institutions use to assess the creditworthiness of individuals or businesses applying for loans or credit lines. Its primary goal is to evaluate the risk associated with lending money and make informed decisions about approving or den...

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Main Authors: Eshonkulov Uchkun, Elmurodov Tulkin, Ravshanov Zavqiddin, Каramanov Asqar
Format: Article
Language:English
Published: Bilijipub publisher 2025-06-01
Series:Advances in Engineering and Intelligence Systems
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Online Access:https://aeis.bilijipub.com/article_223854_afeee64a181c93471cdc9c087286c4f5.pdf
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author Eshonkulov Uchkun
Elmurodov Tulkin
Ravshanov Zavqiddin
Каramanov Asqar
author_facet Eshonkulov Uchkun
Elmurodov Tulkin
Ravshanov Zavqiddin
Каramanov Asqar
author_sort Eshonkulov Uchkun
collection DOAJ
description A credit approval system is a framework or process that financial institutions use to assess the creditworthiness of individuals or businesses applying for loans or credit lines. Its primary goal is to evaluate the risk associated with lending money and make informed decisions about approving or denying credit applications. Accordingly, the current paper uses a novel approach of Mouth Brooding Fish (MBF) for data classification of a credit approval system based on ensembling learning. The findings of the suggested methodology are compared with those of several methodologies, including Random Forest (RF), Gaussian Kernel (GK), Support Vector Machines (SVM), Adaptive Boosting (AdaBoost), and Multi-Layer Perceptron (MLP). Additionally, all of the input data have been standardized and mapped to 0-1 intervals. The ensemble model is built by combining the results of each machine learning (ML) model using weighted values. As a result, MBF showed noteworthy F-Score, accuracy, sensitivity, and specificity values of 91.93%, 86.95%, 97.51%, and 97.51%, respectively, in comparison to the other models that were chosen. Notably, the major innovation of this work lies in the exceptional accuracy and computational efficiency demonstrated by the proposed method, which significantly enhances the performance of data classification processes within credit approval systems by enabling faster decision-making and more reliable credit risk assessments.
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institution Kabale University
issn 2821-0263
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publishDate 2025-06-01
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spelling doaj-art-aee9a96936544e12943b90facf80fd542025-08-20T03:28:58ZengBilijipub publisherAdvances in Engineering and Intelligence Systems2821-02632025-06-0100402677810.22034/aeis.2025.520851.1318223854Presenting an Innovative Method Based on Ensemble Learning for a Credit Approval SystemEshonkulov Uchkun0Elmurodov Tulkin1Ravshanov Zavqiddin2Каramanov Asqar3Department of Geology and Mining, Karshi State Technical University, Karshi, Republic of UzbekistanTashkent State Technical University named after Islam Karimov, Tashkent, Republic of UzbekistanTashkent State Technical University named after Islam Karimov, Tashkent, Republic of UzbekistanTashkent State Technical University named after Islam Karimov, Tashkent, Republic of UzbekistanA credit approval system is a framework or process that financial institutions use to assess the creditworthiness of individuals or businesses applying for loans or credit lines. Its primary goal is to evaluate the risk associated with lending money and make informed decisions about approving or denying credit applications. Accordingly, the current paper uses a novel approach of Mouth Brooding Fish (MBF) for data classification of a credit approval system based on ensembling learning. The findings of the suggested methodology are compared with those of several methodologies, including Random Forest (RF), Gaussian Kernel (GK), Support Vector Machines (SVM), Adaptive Boosting (AdaBoost), and Multi-Layer Perceptron (MLP). Additionally, all of the input data have been standardized and mapped to 0-1 intervals. The ensemble model is built by combining the results of each machine learning (ML) model using weighted values. As a result, MBF showed noteworthy F-Score, accuracy, sensitivity, and specificity values of 91.93%, 86.95%, 97.51%, and 97.51%, respectively, in comparison to the other models that were chosen. Notably, the major innovation of this work lies in the exceptional accuracy and computational efficiency demonstrated by the proposed method, which significantly enhances the performance of data classification processes within credit approval systems by enabling faster decision-making and more reliable credit risk assessments.https://aeis.bilijipub.com/article_223854_afeee64a181c93471cdc9c087286c4f5.pdfcomputer-aided techniquesmouth brooding fishcredit card approvalensemble learning
spellingShingle Eshonkulov Uchkun
Elmurodov Tulkin
Ravshanov Zavqiddin
Каramanov Asqar
Presenting an Innovative Method Based on Ensemble Learning for a Credit Approval System
Advances in Engineering and Intelligence Systems
computer-aided techniques
mouth brooding fish
credit card approval
ensemble learning
title Presenting an Innovative Method Based on Ensemble Learning for a Credit Approval System
title_full Presenting an Innovative Method Based on Ensemble Learning for a Credit Approval System
title_fullStr Presenting an Innovative Method Based on Ensemble Learning for a Credit Approval System
title_full_unstemmed Presenting an Innovative Method Based on Ensemble Learning for a Credit Approval System
title_short Presenting an Innovative Method Based on Ensemble Learning for a Credit Approval System
title_sort presenting an innovative method based on ensemble learning for a credit approval system
topic computer-aided techniques
mouth brooding fish
credit card approval
ensemble learning
url https://aeis.bilijipub.com/article_223854_afeee64a181c93471cdc9c087286c4f5.pdf
work_keys_str_mv AT eshonkulovuchkun presentinganinnovativemethodbasedonensemblelearningforacreditapprovalsystem
AT elmurodovtulkin presentinganinnovativemethodbasedonensemblelearningforacreditapprovalsystem
AT ravshanovzavqiddin presentinganinnovativemethodbasedonensemblelearningforacreditapprovalsystem
AT karamanovasqar presentinganinnovativemethodbasedonensemblelearningforacreditapprovalsystem