LoanGuard

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  Starting screen

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  Main menu

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  Toggle theme

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  Loan details

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  Payment history

About the Project

LoanGuard is a desktop-based loan monitoring and early warning app designed to help banks identify repayment risk before loans become non-performing.

Inspiration

The idea came from observing that many financial institutions only react to loan issues after repayments are missed. This reactive process increases operational costs and default risk. I wanted to explore how a simple, transparent app could support proactive loan management.

What I Learned

I learned that non-technical users in banking value clarity, explainability, and actionable insights. Instead of complex predictive models, clear risk indicators and well-structured dashboards create more trust and usability.

How I Built It

The app was built as a desktop-focused application using a modern web interface and mock loan data to simulate real-world scenarios. Loan risk is calculated using a rule-based scoring approach:

$$ \text{Risk Score} = w_1 \times \text{Missed Payments} + w_2 \times \text{Days Past Due} + w_3 \times \text{Payment Variability} $$

This approach ensures transparency while still demonstrating business value.

Challenges

One challenge was balancing realism with hackathon constraints, as real banking integrations were out of scope. Another challenge was keeping the scope focused while still clearly communicating the app’s commercial impact.

Overall, the project demonstrates how early loan risk visibility can help banks reduce defaults, improve efficiency, and manage portfolios more proactively.

Built With

• chart.js
• electron
• json
• react