In this paper we study the determinants of use of formal and informal credit sources. Given that awareness is a … necessary step towards use of credit, in order to control for the possible selection bias we decompose the decision to use … credit as a two stage decision process in which first, households form their choice set by deciding which type of …

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 …

Credit affects individuals' perceptions and experiences of inequality. Having access to credit enables those in lower … in all, credit may help smooth out class and status differences. This article looks at the impact of credit on citizens … negative association between credit use and public support for redistribution …

from other unsecured debt. In 2005, student loans originated by private companies — loans granted only to credit … the cost of consumer credit. Focusing on consumers' decision-making biases, opponents predicted that there would be no … discernible change in the cost of consumer credit or loan volumes. We develop and test theoretical models predicting the effects …

The study has identified the factors that discriminate defaulters from non-defaulters in the credit market using the … defaulter precisely based on the localized social factors. The study will help in addressing the concern of the credit … institutions in assessing the credit risk capital and risk adjusted outcome for serving a larger group of smallholders community. …

can manage finances well and can pay credit according to a specified schedule. The objectives of this study are to … discover factors influencing financialliteracy, and test the relationship between literacy and credit status, so that it can … become a guideline for banking policies in issuing credit. This research utilized 332 samples of credit clients in rural bank …