Narrow search
Showing 1 - 10 of 4,235
Cover Image
Borrowing alternatives for households in Lithuania : current situation, trends and challenges
Taujanskaitė, Kamilė; Karklytė, Ieva - In: Business, mangagement and economics engineering : BMEE 19 (2021) 2, pp. 389-411
households still remain bank credits. Besides, borrowing from P2P market is becoming more and more popular. Although the … for the Central Bank, the Ministry of Finance and other institutions that regulate the credit market, as it provides …
Persistent link: https://www.econbiz.de/10013348705
Cover Image
Fed liftoff and subprime loan interest rates : evidence from the peer-to-peer lending market
Bertsch, Christoph; Hull, Isaiah; Zhang, Xin - 2016
On December 16th of 2015, the Fed initiated "liftoff," raising the federal funds rate range by 25 basis points and ending a 7-year regime of near-zero rates. We use a unique dataset of 640,000 loan-hour observations to measure the impact of liftoff on interest rates in the peer-to-peer lending...
Persistent link: https://www.econbiz.de/10011457389
Cover Image
Does Loan Maturity Matter in Risk-Based Pricing
Kuvíková, Gabriela - 2015
sample of accepted and rejected consumer loans from a Czech commercial bank, I estimate the elasticity of loan demand and …
Persistent link: https://www.econbiz.de/10013022676
Cover Image
Competition and adverse selection in the small-dollar loan market : overdraft versus payday credit
Melzer, Brian T.; Morgan, Donald P. - 2009 - Rev.
We find that competition from payday lenders leads depository institutions to raise overdraft fees and reduce the availability of “free” checking accounts. We attribute this rise in prices partly to adverse selection created by banks’ practice of charging a flat fee regardless of the...
Persistent link: https://www.econbiz.de/10003947557
Cover Image
Competition and Adverse Selection in the Small-Dollar Loan Market : Overdraft versus Payday Credit
Melzer, Brian; Morgan, Donald P. - 2010
We find that competition from payday lenders leads depository institutions to raise overdraft fees and reduce the availability of “free” checking accounts. We attribute this rise in prices partly to adverse selection created by banks’ practice of charging a flat fee regardless of the...
Persistent link: https://www.econbiz.de/10014204039
Cover Image
Consumer lending efficiency : commercial banks versus a fintech lender
Hughes, Joseph P.; Jagtiani, Julapa; Moon, Choon-geol - 2018
Using 2013 and 2016 data, we compare the performance of unsecured consumer loans made by U.S. bank holding companies to … ratio, adjusted for statistical noise, and the minimum ratio gauges lending inefficiency. In 2013 and 2016, the largest bank … similar to the high average efficiency of the largest bank lenders - a conclusion that may not be applicable to other fintech …
Persistent link: https://www.econbiz.de/10011929306
Cover Image
The role of marketplace lending in credit markets : evidence from bank mergers
Avramidis, Panagiotis; Mylonopoulos, Nikolaos; … - In: Management science : journal of the Institute for … 68 (2022) 4, pp. 3090-3111
Persistent link: https://www.econbiz.de/10013368381
Cover Image
Consumer lending efficiency : commercial banks versus a fintech lender
Hughes, Joseph P.; Jagtiani, Julapa; Moon, Choon-geol - In: Financial innovation : FIN 8 (2022), pp. 1-39
Fintechs are believed to help expand credit access to underserved consumers without taking on additional risk. We compare the performance efficiency of LendingClub's unsecured personal loans with similar loans originated by banks. Using stochastic frontier estimation, we decompose the observed...
Persistent link: https://www.econbiz.de/10013272697
Cover Image
Households Rejecting Loan Offers from Banks
Bai, Yiyi - 2015
This paper studies a type of mortgage applications in which household applicants reject offers from lenders. We find that less risky applicants with lower loan size to income ratios are more likely to reject loan offers from lenders. Local lenders that operate in a market where they extend the...
Persistent link: https://www.econbiz.de/10013033170
Cover Image
Consumer lending efficiency : commercial banks versus a Fintech lender
Hughes, Joseph P.; Jagtiani, Julapa; Moon, Choon-geol - 2019
We compare the performance of unsecured personal installment loans made by traditional bank lenders with that of … statistical noise. In 2013 and 2016, the largest bank lenders experienced the highest ratio of nonperformance, the highest … inherent credit risk, rather than by lending inefficiency. LendingClub’s performance was similar to small bank lenders as of …
Persistent link: https://www.econbiz.de/10012058938