We test the interest rate sensitivity of subprime credit card borrowers using a unique panel data set from a UK credit card company. We were given details of a randomized interest rate experiment conducted by the lender between October 2006 and January 2007. Access to such information is rare....

We test the interest rate sensitivity of subprime credit card borrowers using a unique panel data set from a UK credit card company. What is novel about our contribution is that we were given details of a randomized interest rate experiment conducted by the lender between October 2006 and...

The authors analyze the data of credit card holding and usage in Mexico, through a sample selection model. They find that some features of the household, such as income, head's education level and ownership of assets that can be used as collateral are related with the decision of having a credit...