the largest platform, we demonstrate that a misconduct-driven decline of trust in traditional banking is associated with a …We study the impact of trust on the expansion of online lending in the U.S. over the 2008-2016 period. Using data from … statistically and economically significant increase in online lending at the state level. To the contrary, increased social trust …

). We use detailed individual-level survey data, combined with key country-level indicators of bank competition and … financial soundness, to study the effect on the adoption of several financial products (bank accounts, credit and debit cards …, and bank loans). We find that more competition tends to increase the probability of access to these financial products. On …