Fintech borrowers: Lax screening or cream-skimming?
M Di Maggio, V Yao - The Review of Financial Studies, 2021 - academic.oup.com
We study the personal credit market using unique individual-level data covering fintech and
traditional lenders. We show that fintech lenders acquire market share by lending first to …
traditional lenders. We show that fintech lenders acquire market share by lending first to …
[图书][B] Credit scoring and its applications
L Thomas, J Crook, D Edelman - 2017 - SIAM
Credit Scoring and Its Applications, Second Edition : Back Matter Page 1 Bibliography [1]
Acharya, VV, Bharath, ST, and Srinivasan, A. (2007) Does industry-wide distress affect …
Acharya, VV, Bharath, ST, and Srinivasan, A. (2007) Does industry-wide distress affect …
Recent developments in consumer credit and default literature
I Livshits - A Collection of Reviews on Savings and Wealth …, 2016 - Wiley Online Library
This survey discusses recent contributions to the quantitative literature on unsecured
consumer debt and default, and some ongoing challenges for the literature. Key topics …
consumer debt and default, and some ongoing challenges for the literature. Key topics …
Do banks pass through credit expansions to consumers who want to borrow?
S Agarwal, S Chomsisengphet… - … Quarterly Journal of …, 2018 - academic.oup.com
We propose a new approach to studying the pass-through of credit expansion policies that
focuses on frictions, such as asymmetric information, that arise in the interaction between …
focuses on frictions, such as asymmetric information, that arise in the interaction between …
Measuring the welfare cost of asymmetric information in consumer credit markets
Abstract Information asymmetries are known in theory to lead to inefficiently low credit
provision, yet empirical estimates of the resulting welfare losses are scarce. This paper …
provision, yet empirical estimates of the resulting welfare losses are scarce. This paper …
[PDF][PDF] Private information and price regulation in the us credit card market
S Nelson - Unpublished working paper, 2018 - contractwithamerica2.com
The 2009 CARD Act limited credit card lenders' ability to raise borrowers' interest rates on
the basis of information learned during lending relationships. This paper estimates the …
the basis of information learned during lending relationships. This paper estimates the …
[图书][B] Financial innovation and borrowers: Evidence from peer-to-peer lending
T Balyuk - 2016 - fdic.gov
The impact of technology-enabled (FinTech) lenders on bank credit is theoretically
ambiguous. Banks can reduce credit if borrowing from FinTech lenders increases default …
ambiguous. Banks can reduce credit if borrowing from FinTech lenders increases default …
[PDF][PDF] Do credit card companies screen for behavioral biases?
We look at the supply side of the credit card market to analyze the pricing and advertising
strategies of credit card offers. First, we show that card issuers target poorer and less …
strategies of credit card offers. First, we show that card issuers target poorer and less …
A quantitative theory of the credit score
What is the role of credit scores in credit markets? We argue that it is, in part, the market's
assessment of a person's unobservable type, which here we take to be patience. We …
assessment of a person's unobservable type, which here we take to be patience. We …
The democratization of credit and the rise in consumer bankruptcies
I Livshits, JC Mac Gee, M Tertilt - The Review of Economic …, 2016 - academic.oup.com
Financial innovations are a common explanation for the rise in credit card debt and
bankruptcies. To evaluate this story, we develop a simple model that incorporates two key …
bankruptcies. To evaluate this story, we develop a simple model that incorporates two key …