importance of adverse selection and moral hazard in a consumer credit market using a new field experiment methodology derived …; and 3) a dynamic repayment incentive that extends preferential pricing on future loans to borrowers who remain in good … hazard effects on repayment, and thereby generates unique evidence on the existence and magnitudes of specific credit market …

importance of adverse selection and moral hazard in a consumer credit market using a new field experiment methodology derived …; and 3) a dynamic repayment incentive that extends preferential pricing on future loans to borrowers who remain in good … hazard effects on repayment, and thereby generates unique evidence on the existence and magnitudes of specific credit market …

Does borrowing at 400 percent APR do more harm than good? The Pentagon asserts that payday loans harm military … readiness and successfully lobbied for a binding 36 percent APR cap on loans to military members and their families (effective …

moving beyond entrepreneurial credit and offering consumer loans. But many practitioners and policymakers are skeptical about …Expanding credit access is a key ingredient of development strategies worldwide. Microfinance practitioners … expansion. There is less consensus on the role of consumer credit in expansion initiatives. Some microfinance institutions are …

The long-run price elasticity of demand for credit is a key parameter for intertemporal modeling, policy levers, and … number of borrowers is also elastic. Credit bureau data does not show evidence of crowd-out. Competitors do not respond by …