default risk--those with a bankruptcy history. On average, over one-fifth of personal bankruptcy filers receive at least one …Are consumers who have filed for personal bankruptcy before excluded from the unsecured credit market? Using a unique … offer in a given month, with the likelihood being even higher for those who filed for bankruptcy within the previous two …

bankruptcy filing under Chapter 7; the other type of credit mimics student loans in the United States and the default option …We analyze the interactions between two different forms of unsecured credit and their implications for default behavior … of young U.S. households. One type of credit mimics credit cards in the United States and the default option resembles a …

This paper assesses the role that monetary policy plays in the decision to default using a General Equilibrium model … of which depends on monetary policy. The decision to default is endogenous and depends on the relative value of the … collateral to face value of the loan. Default results in foreclosure, higher borrowing costs, inefficient investment and a …

so does the riskiness of the pool of borrowers, leading to higher default rates in the private market for student loans …