We study the determinants of borrowers’ default in P2P lending with a new data set consisting of 70,673 loan … observations from the Lending Club. Previous research identified a number of default determining variables but did not distinguish … between different loan risk levels. We define four loan risk classes and test the significance of the default determining …

deterioration of loan performance in the aftermath of flood episodes, however. Firms in flooded counties are more likely to default … on their loans than non-disaster firms. Floods reduce securitised credit in the local markets, suggesting that physical …