For a long time credit risk assessment has been regarded as one kind of classification issue of pattern identification, which could not fully meet the requirements of credit risk decision-making. In view of the connotation of credit risk, it is put forward that the probability that credit capital becomes bad debt and the relativity of credit risk should be taken into consideration to assess cre...

Burkart and Ellingsen’s (2004) model of trade credit and bank credit rationing predicts that trade credit will be used by medium-wealth and low-wealth firms to help ease bank credit rationing. The author tests these and other predictions of Burkart and Ellingsen’s model using a large sample of more than 28,000 Canadian firms. She uses an endogenous method to divide the firms into the appropriat...

At present, there is no consensus in the literature concerning the influence of different credit financing on investment efficiency of enterprises, especially the lack of empirical evidence in developing countries. In this paper, based on the World Bank enterprise survey data, using the Heckman sample selection model, we study the effects of bank credit and trade credit on investment efficiency...

Typically, when a borrower (Bob) wishes to establish a tradeline (e.g., a mortgage, an automobile loan, or a credit card) with a lender (Linda), Bob is subjected to a credit check by Linda. The credit check is done by having Linda obtain financial information about Bob in the form of a credit report. Credit reports are maintained by Credit Report Agencies, and contain a large amount of private ...

Trade credit is a well established promotional tool in the present competitive world and its impact on demand cannot be ignored. Businesses often use trade credit to increase their market share and, in turn, the profit. Undoubtedly, trade credit plays a great role in increasing the demand but it also involves a great risk of nonpayment. In order to reduce the risk of non-payment, businessman at...

There is a significant need to understand the law that relates to credit cards, both civil and criminal, especially, in the context of ever increasing credit card frauds, and the way in which the civil law has contributed to it, and the insufficient way in which the criminal law has sought to combat it. It cannot be denied that credit card misuse is a global problem. It will also indicate some ...

Fraudulently posted online rental listings, rental scams, have been frequently reported by users. However, our understanding of the structure of rental scams is limited. In this paper, we conduct the first systematic empirical study of online rental scams on Craigslist. This study is enabled by a suite of techniques that allowed us to identify scam campaigns and our automated system that is abl...

Using household-level data from the Panel Study of Income Dynamics, we estimate the extent to which medical expenses are responsible for driving households to bankruptcy. Our results suggest that an increase of 10 percent in medical debts would cause a 27 percent increase in the filing propensity of households with primarily medical debt, and an approximately 36 percent increase in filing prope...

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The views expressed are those of the author and do not necessarily reflect the position of the Federal Reserve Bank of Dallas or the Federal Reserve System.