I had participated in Product Hackathon at YODLEE on 26-JUL-2017. The problem statement given to the participants was to understand the CIBIL system of credit rating in India and find out the limitations of CIBIL system. Found following issues with the CIBIL system CIBIL scoring is heavily focused on past loan payment history is outdated provides a Limited view of a Consumer's actual financial condition now ignores the fact that the current data can provide more accurate view of consumer's financial status I had to come up with a Solution which overcomes these problems associated with the CIBIL based rating system. Had proposed a Solution as RUNTIME LOAN DEFAULTER DETECTION SYSTEM. It was a cloud based solution. After a bank loan is provided to the eligible customers, bank can continuously monitor the financial health of the customer. Data is collected from Bank statements, Credit card statements an...