Using two randomized field experiments, we examine how warning borrowers that their loan performance will be reported 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'...

The experimental literature on trust game experiments is quite extensive. Those studies consider situations in which trustors and trustees starting with a positive endowment might become even wealthier when Trust and Trustworthiness pay off. We contrast such a situation with a treatment in which...