Earlier in the day studies have mainly focused on identifying elements which affect the newest practices away from borrowers and you may loan providers
To your borrower front, tough recommendations products like sex (Barasinska 2009), years, competition, psychological features (Sydnor and Pope 2009; Pope and you may Sydnor 2011), financing proportions, debtor financial factors (Collier and Hampshire 2010), credit ratings, bank card have fun with, and you will borrower suggestions (Lin ainsi que al. 2009; Lin 2009; Serrano-Cinca et al. 2015) influence whether or not the people usually standard towards a loan. Plenty of soft advice facts instance social support systems (Lin mais aussi al. 2009; Lin 2009), association which have reliable teams (Lopez 2009; Lopez et al. 2009) and you can public investment (Greiner and Wang 2009; Lin 2012; Zhang et al. 2017) plus influence brand new rate of success off that loan, the mortgage interest, and you may default choices. (далее…)