To the borrower side, difficult recommendations situations for example gender (Barasinska 2009), ages, race, mental has actually (Sydnor and you may Pope 2009; Pope and you may Sydnor 2011), financing size, debtor economic items (Collier and Hampshire 2010), credit scores, charge card explore, and you can debtor ideas (Lin ainsi que al. 2009; Lin 2009; Serrano-Cinca ainsi que al. 2015) determine whether the person usually default towards a loan. An abundance of mellow suggestions circumstances like social media sites (Lin mais aussi al. 2009; Lin 2009), association having reliable groups (Lopez 2009; Lopez ainsi que al. 2009) and you can social capital (Greiner and Wang 2009; Lin 2012; Zhang et al. 2017) in addition to influence brand new rate of success of financing, the mortgage rate of interest, and default behavior. In regard to the financial institution front, there are several knowledge on the specific investor behaviors such as for example once the herding (Herzenstein mais aussi al. 2011). Continue reading →