Earlier studies have mostly focused on identifying elements affecting the new habits off consumers and you can lenders
On debtor top, hard recommendations circumstances eg https://clickcashadvance.com/loans/chime-loans/ intercourse (Barasinska 2009), age, competition, psychological features (Sydnor and you may Pope 2009; Pope and you will Sydnor 2011), financing proportions, borrower financial points (Collier and you can Hampshire 2010), credit scores, charge card fool around with, and borrower info (Lin ainsi que al. 2009; Lin 2009; Serrano-Cinca mais aussi al. 2015) influence whether or not the individual often default towards the financing. A great amount of mellow suggestions things like social media sites (Lin et al. 2009; Lin 2009), affiliation with reputable teams (Lopez 2009; Lopez mais aussi al. 2009) and you will social funding (Greiner and Wang 2009; Lin 2012; Zhang et al. 2017) and influence the brand new rate of success from that loan, the mortgage interest rate, and default behavior. Regarding the lender front side, there were a number of studies to the certain individual routines such as for example because the herding (Herzenstein et al. 2011).
Literature feedback and you will research hypotheses
Yet not, the existing books mostly focuses primarily on online P2P platforms in the You (age.grams., Prosper) and it has mostly overlooked particularly programs in the developing countries such as for instance China. Read More