attributes in the decision of personal loan. The results can improve the credit quality and avoid the misjudgment of screening … personal loan customers and also establish a better personal loan risk management forecasting model. The main purpose of the …

both affect the profitability of a loan. While default risk is frequently focused on in credit scoring literature … default risk. Real consumer lending data of 160,956 unsecured loans provides evidence that these two events have their own …

and that high-cost loans are likely used to finance impulse spending or function as a way to prolong a credit …

How does the large market for credit score improvement products affect consumers and market efficiency? For consumers …, we use a randomized encouragement design on a standard credit builder loan (CBL) and find null average effects on scores … credit activity. CBLs induce delinquency on pre-existing loan obligations, suggesting that even a seemingly modest additional …

relationship between a cash-loan borrower's access to credit and their respective consumption response. In particular, we test … whether consumption among borrowers with a high level of addiction is more sensitive to a given change in credit. We use an … exogenous credit supply shock to cash-loan borrowers and show that expanding credit access is positively associated with …

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 …

There is little evidence on how the large market for credit score improvement products affects consumers or credit … market efficiency. A randomized encouragement design on a standard credit builder loan (CBL) identifies null average effects … on whether consumers have a credit score and the score itself, with important heterogeneity: those with loans outstanding …