examine the extent to which autopay affects payment behavior for customers of a credit card serviced by a fintech company … that seemingly minor technological defaults can have economically large effects on consumer credit outcomes …

We analyze the saving motives of European households using micro-data from the Household Finance and Consumption Survey …

Does automatic enrollment into retirement saving increase household debt? We study the randomized roll-out of automatic … mortgage balances by £118. Automatic enrollment causes loan defaults to fall and credit scores to rise modestly …

Matched transaction-level, credit-registry, and survey-based data reveal that consumers on average form excessively … expectations. Extrapolative income expectations help explain state-dependent household debt cycles qualitatively and quantitatively …

Using friendship data from Facebook, we study the effects of three aspects of social capital on household financial …, we provide evidence supporting a causal link between household financial behavior and the income of one's friends …

, dominate both online and on-site transactions. BNPL has greatly expanded credit access on the extensive margin through its … adoption in two-sided payment markets. While BNPL crowds out other e-wallet payment options, it expands FinTech credit to … underserved consumers. Exploiting a randomized experiment, we also find that e-wallet credit through BNPL substantially boosts …

We analyze the value of insurance when individuals have access to credit markets. Loans allow consumers to smooth …