Using comprehensive credit bureau data, we document that consumers who borrow from marketplace lending (MPL) platforms … have lower credit scores and higher default rates in the long run relative to observably similar applicants for bank loans …

economic and sociodemographic characteristics in predicting applications for credit and the size of debt. The paper uses … microdata from the Estonian Household Finance and Consumption Survey (HFCS) and estimates probit and Heckman models. My analysis … larger. The variables describing the household's expectations for its future financial situation are on their own related to …

How does gaining access to expensive credit affect the well-being of credit-constrained households? I use plausibly … payday loans on household well-being. Using suicide risks as a long-term measure for household distress, I find detrimental …

-seeking behavior. They supply larger credit due to higher demand, but at higher rates due to greater perceived risks. The resulting …

Using detailed and highly-disaggregated data on spending, income, bank account balances, and consumer credit, we …

The access to credit is generally seen as an important ingredient for development. However, over the last years reports … on families contracting excessive debt and falling into credit traps have also increased. In this paper I develop a model … of family credit behavior based on insights from behavioral economics. I particularly consider phenomena like keeping …