We document cross-individual variation in U.S. credit card borrowing costs (APRs) that is large enough to explain … explain APR differences comparable to moving someone from the worst credit score decile to the best …

This paper isolates the causal impact of neighborhood environment on credit outcomes of low-income borrowers by … families vouchers to move to better neighborhoods via randomized lottery. We find higher credit scores and use among those …

We propose a new approach to studying the pass-through of credit expansion policies that focuses on frictions, such as … estimating heterogeneous MPBs and MPLs in the U.S. credit card market. Using panel data on 8.5 million credit cards and 743 … credit limit regression discontinuities, we find that the MPB is declining in credit score, falling from 59% for consumers …

-income households increased their demand for credit to finance higher consumption expenditures in order to "keep up" with higher … the underlying type of the applicant, so that banks ultimately channel more credit toward lower-income applicants in low …

We report the results of a randomized field experiment that examines the credit market impacts of improvements in a …'s dynamic repayment incentives by allowing it to withhold future loans from past defaulters and expand credit for good borrowers …