# Model Information ## Overview The Loan Approval Predictor uses a Random Forest machine learning model trained on loan application data to predict whether a loan application will be approved or rejected. ## Model Details - **Model Type**: Random Forest Classifier - **Features Used**: - Gender - Married - Dependents - Education - Self_Employed - ApplicantIncome - CoapplicantIncome - LoanAmount - Loan_Amount_Term - Credit_History - Property_Area - **Output**: Binary prediction (Approved/Not Approved) - **Model File**: `random_forest_model.pkl` - **Scaler File**: `scaler.pkl` ## Dataset The model was trained on the Loan Approval Prediction dataset, which contains historical loan application data with features about applicants and whether their loans were approved. ## Feature Importance The most important features for loan approval prediction typically include: 1. Credit History 2. Loan Amount 3. Applicant Income 4. Property Area 5. Loan Amount Term ## Limitations - The model is trained on historical data and may not capture recent changes in lending policies - The model assumes that the input data follows the same distribution as the training data - Extreme outlier values may lead to unreliable predictions