Hughes, Joseph P.; Jagtiani, Julapa; Moon, Choon-geol - 2018
-practice ratio of nonperforming consumer loans - i.e., higher inherent credit risk. As of 2016, LendingClub's lending efficiency is … proficiency of credit analysis and loan monitoring), and the statistical noise. Stochastic frontier techniques are used to … lending could a lender achieve if it were fully efficient at credit-risk evaluation and loan management? The frontier …