to a public credit registry affects their loan take-up and repayment decisions. We show that credit warnings increase … loan take-up rates. Reducing incumbent lenders' informational rents and improving access to informal or formal credit are … the main drivers. Moreover, credit warnings reduce default rates by 32–52%. This reduction is comparable for borrowers who …

I design a large-scale field experiment that constructs a randomized credit limit extension isolating selection … by the third year. The effects extend to those far from the limit, those who had the new limits as available credit, and …

-driven consumption boom, in which I construct a randomized credit line extension that isolates selection and interest rate effects, and … effects of credit, and that the propensity to borrow and spend out of credit remains quantitatively large for those with … in response to a credit constraint that may bind in the future; and the other invoking behavioral explanations based on …