09 Jul Earlier in the day research has primarily concerned about identifying the factors which affect brand new habits off consumers and you will lenders
On borrower front side, difficult pointers situations like sex (Barasinska 2009), age, competition, emotional enjoys (Sydnor and Pope 2009; Pope and Sydnor 2011), financing proportions, debtor monetary situations (Collier and you may Hampshire 2010), credit ratings, mastercard fool around with, and you will borrower ideas (Lin et al. 2009; Lin 2009; Serrano-Cinca et al. 2015) influence perhaps the individual will standard with the that loan. A lot of soft information items eg social media sites (Lin mais aussi al. 2009; Lin 2009), association having reliable teams (Lopez 2009; Lopez mais aussi al. 2009) and you will public financing (Greiner and you may Wang 2009; Lin 2012; Zhang ainsi que al. 2017) as well as influence the new success rate out-of financing, the borrowed funds interest rate, and you will default choices. Regarding the financial institution top, there had been several studies with the certain investor behavior such as for instance given that herding (Herzenstein ainsi que al. 2011).
Literary works review and you may lookup hypotheses
Although not, current literary works mostly concentrates on on the internet P2P networks on the United states (age.g., Prosper) and has now largely forgotten like networks within the developing regions for example Asia. Scholars used P2P system study for the China to review brand new impression from platform information on online P2P lending purchases and you will debtor/financial decisions (Wang ainsi que al. 2020) and decide to try if or not trader interest influences new return in the on the internet lending environments (He et al. 2020). When you are P2P scholars made high services to examine this new determinants out of default behavior in the P2P credit, current studies have generally concerned about borrower defaults.