social shocks at the time of borrowing. There are indications that some borrowers suffer income shocks, but the magnitude is … when borrowing for the first time. Further, I find that high-cost borrowers persistently spend more than they earn and that …-essential spending around the time of borrowing. Taken together, the results indicate that high-cost borrowers have self-control problems …

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 …

Whether concerned with kinship or with kula, anthropology's interest in credit and debt goes back to the very … debt's powerful nature and effects. Following Mauss, credit and debt are treated as an indissoluble dyad that contributes … surrounding credit and debt in various ethnographic settings as coconstitutive of their material effects …

We document the cyclical properties of unsecured consumer credit (procyclical and volatile) and of consumer … access to unsecured credit (because of bankruptcy costs) and aggregate shocks, we show that the cyclical behavior of … household earnings growth accounts for these properties, albeit not for the large volatility of credit. We find that tilting …

We use information from the last wave of the Spanish Survey of Households Finance to study the influence of debt on the … smaller MPC than non-indebted households. This negative association increases along with the amount of debt. We also find a …