Soft-products are intangible products that can be consumed without shipment, such as software, music and calling cards (calling time). The demand for soft-products on the Internet has been increasing for the past few years. At the same time, fraudulent credit card transactions have also increased. Compared to tangible products, fraudulent credit card transactions on soft-products are easier to ...

In this paper, we examine how county unemployment rates affect consumers’ delinquency and bankruptcy behavior by focusing on the credit card market. In particular, after controlling for credit supply and shocks like divorce and health coverage we investigate whether consumer propensity for delinquency and bankruptcy changes with respect to the macroeconomic fluctuations across counties. Our res...

Credit Unions have been exposed to a challenging economic environment over the past several years. The turmoil has been marked by numerous failures and consolidations within the Credit Union industry, coupled with increased regulatory scrutiny. However, some Credit Unions have fared better than others. Variation in the performance of Credit Unions, each exposed to a relatively similar economic ...

The main objective of the study is to assess the impact of micro-credit on poverty reduction . The study was conducted among recipients of microcredit provided by both Grameen Bank and the BRDB in Manikganj Sadar Upazila of Manikganj district and Sagalnaiya Upazila of Feni district. The study reveals that Grameen Bank and BRDB covered higher proportion of landless households compared to control...

A Bayesian latent variable model with classification and regression tree approach is built to overcome three challenges encountered by a bank in credit-granting process. These three challenges include (1) the bank wants to predict the future performance of an applicant accurately; (2) given current information about cardholders’ credit usage and repayment behavior, financial institutions would ...

When a company undertakes e-commerce transactions for the first time, most major web sites set the initial credit score of the company as zero, which making buyers and sellers can’t judge the partners’ credibility. In recent years, although commercial banks and some specialized credit rating agencies have established more comprehensive and scientific indicators for evaluating the credit of an e...

In this paper, we present the macro stress test with a credit risk approach for banking system of Iran during the period 2004Q1-2019Q4. The goal is to evaluate the vulnerability of the banking system through credit risk to the country economic shocks. In this regard, the developed method of Wilson (1997) Credit Portfolio View model including macroeconomic variables and default rate has been use...

With the help of a commercial bank in China, we studied consumer credit card debt behavior in correlation with demographics, attitude, personality, and credit card features factors. The study was conducted by using mail-in questionnaires, which were sent to credit card holders who was using or had used either revolving credit or petty installment plans. According to regression functions, we fou...