Fintech platforms:Lax or careful borrowers’screening?

作     者：Serena Gallo 

作者机构：University of Campania Luigi VanvitelliCapuaItaly University of Naples ParthenopeNaplesItaly 

出 版 物：《Financial Innovation》 (金融创新（英文）)

年 卷 期：2021年第7卷第1期

页      面：1301-1333页

核心收录：

学科分类：1002[医学-临床医学] 100214[医学-肿瘤学] 10[医学] 

主　　题：Peer to peer lending Credit grade Misreporting Misconduct Recovery rate 

摘      要：Can peer-to-peer lending platforms mitigate fraudulent behaviors?Or have lending players been acting similar to free-riders?This paper constructs a new proxy to investigate lending platform misconduct and compares the FICO score and the LendingClub credit *** examine whether the lack of verification by the Fintech platform affects lenders’collection performance,I explore the recovery rate(RR)of non-performing loans through a mixed-continuous *** regression results show that the degree of prudence taken by the lending platform in the pre-screening activity negatively affects the detection of some misreporting borrowers.I also find that the Fintech platform’s missing verification information(e.g.,annual income and employment length)affects the RR of non-performing loans,thereby hampering lenders’collection performance.