Finance literature documents associations between a family's financial literacy and its propensity to borrow. However, most studies focus exclusively on formal loan markets. Based on 2,023 observations about financial ...

We investigate the implications of providing loan officers with a compensation structure that rewards loan volume and penalizes poor performance. Using a unique data set provided by a large international commercial bank, ...

© 2018 Elsevier Inc.Politicians and analysts frequently call for stricter regulation of personal loans. Two variables that are easy to measure, and therefore easy to include in regulations and public policy, are purchase ...

Purpose - This study identifies the factors that affect the knowledge of mortgage loans' total cost. Design/methodology/approach - Empirical research utilizing a survey administered through in-home interviews was ...

The financial markets have developed a variety of methods to cater for borrowers with substantial financing requirements, while simultaneously devising mechanisms for risk diversification. A key evolution was the development ...

Quantum models based on the mathematics of quantum mechanics (QM) have been developed in cognitive sciences, game theory and econophysics. In this work a generalization of credit loans is introduced by using the vector ...