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 …

to a public credit registry affects their loan take-up and repayment decisions. We show that credit warnings increase … loan take-up rates. Reducing incumbent lenders' informational rents and improving access to informal or formal credit are … the main drivers. Moreover, credit warnings reduce default rates by 32–52%. This reduction is comparable for borrowers who …

Americans who are otherwise shut out of the conventional lending market, these players provide the only viable source of credit … in times of economic hardship. Whatever the view, these businesses, their borrowers, and the credit markets that they …

play in this respect focuses on corporate loans rather than on household credit. The improvement of financing conditions … stimulate household credit, in particular consumer loans. Nevertheless, in order to avoid past mistakes, regulators should … continue to develop a framework where consumer loans (and by extension household credit) contributes to the economy in a …

This paper investigates the role of loan contract terms in the performance of consumer credit. Taking advantage of a …

-seeking behavior. They supply larger credit due to higher demand, but at higher rates due to greater perceived risks. The resulting …