? Using your general knowledge about credit, identify what factors would likely affect credit risk for consumer loans (i.e. car, personal, credit cards, etc.).? What hypotheses would you develop using those factors, and what is the logic supporting your hypotheses?? Examine the data fields given in Part 2 of the Lab. o Which of these fields would serve as the factors to be used for testing your hypotheses?o Are any fields missing that you would need to obtain? If so, how would you obtain them?

Attribute Description id Loan identification number member id Membership identification number loan amnt Requested loan amount emp_length Employment length issue d Date of loan issue loan status Fully paid or charged off pymnt_plan Payment plan: yes or no purpose Loan purpose: e.g., wedding, medical, debt_consolidation, car zip code Zip code addr state State dti Debt-to-income ratio deling_2y Late payments within the past 2 years earliest cr_line Oldest credit account ing last_6moths Credit inquiries in the past 6 months open acc Number of open credit accounts revol bal Total balance of all credit accounts revol util Percentage of available credit in use total acc Total number of credit accounts application_type | Individual or joint application