The Credit Card Accountability and Disclosure Act (CARD Act) of 2009 restricted several risk management practices of … credit card issuers. Using a quasi-experimental design with credit bureau data on consumer lending, we find evidence …, historically a source of credit for higher risk consumers, we find greater reliance on such loans by nonprime consumers in states …

trustworthiness is not associated with a firm's actual credit rating, bankruptcy score, debt covenant violations, financial report …

. Collectively, our results suggest that perceived firm trustworthiness from the stakeholders conveys valuable credit quality …