Track MyLoan / Nur Syafiqa Abdul Wahab ... [et al.]

Track MyLoan is a new application that is very suitable for new people who want to apply for a loan at the bank. This application provides facilities for them to see whether from their salaries they are able or not to pay the debt every month after making a loan from the bank. This application will ask for their monthly salary, salary deduction they pay and existing expenses such as credit card outstanding, personal loan, housing loan and car loan because it will calculate the debt service coverage ratio to see whether they can afford to pay the next loan. Due to the current issues in the community which claims that their loans are frequently rejected because of a lack of documentation. This prompts them to frequently visit the bank counter to submit their loan applications. Besides that, society nowadays prefers to enquire for loans more frequently than they can afford, which leads to an excessive number of loans being made. Therefore, we developed this application to make it quicker for consumers to determine whether their loan application was successful or not. There are various benefits that can be obtained by users of this application such as the user being able to know whether the loan to be applied for is approved or not and if it is not approved then this application can provide some improvements that are beneficial for the user.