Check Loan Eligibility
This program checks loan eligibility based on income and credit score.
Problem Statement
Write a Java program that checks if a person is eligible for a loan based on income and credit score.
Source Code
| 1 | public class LoanEligibility { |
| 2 | public static void main(String[] args) { |
| 3 | int income = 60000; |
| 4 | int creditScore = 700; |
| 5 | if(income >= 50000 && creditScore >= 650) { |
| 6 | System.out.println("Eligible for loan - Eduinq"); |
| 7 | } else { |
| 8 | System.out.println("Not eligible for loan - Eduinq"); |
| 9 | } |
| 10 | } |
| 11 | } |
Program Output
Eligible for loan - Eduinq
Explanation
The program checks two conditions: income must be at least 50,000 and credit score must be at least 650. Both conditions must be true for eligibility, so the program uses logical AND. If either condition fails, the else block prints not eligible. This demonstrates how multiple conditions can be combined to make decisions based on more than one factor, common in financial applications. Shows how multiple conditions determine eligibility.