Credit Card Default Prediction Analysis: Based on Default Data of Taiwanese Customers from April to September 2005

Abstract

Credit cards are widely used due to their overdraft function, which establishes a loan relationship between customers and financial institutions. However, defaulting on credit card payments can result in negative consequences, such as bad credit records for cardholders and economic losses for financial institutions. This research paper analyzes credit card default data in Taiwan from April to September 2005, with the aim of providing support for financial institutions to effectively monitor credit card risks.