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What is a real world example of Model Interpretability in Predictive Models

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A bank needs strong model interpretability to explain to regulators exactly why a loan application was denied by their predictive model.
Real-world example A bank needs strong model interpretability to explain to regulators exactly why a loan application was denied by their predictive model.

Common follow-ups: What is Predictive Modeling, How is Model Interpretability in Predictive Models evaluated in practice, What tools are commonly used for Model Interpretability in Predictive Models

Predictive Modeling topics: Introduction to Predictive Modeling Time Series Forecasting Regression-Based Prediction
All 7 Model Interpretability in Predictive Models questions