Artikel
A predictive indicator using lender composition for loan evaluation in P2P lending
Most loan evaluation methods in peer-to-peer (P2P) lending mainly exploit the borrowers' credit information. However, the present study presents the maturity-based lender composition score, which exploits the investment capability of a group of lenders who fund the same loan, to enhance the P2P loan evaluation. More specifically, we extract lenders' profiles in terms of performance, risk, and experience by quantifying their investment history and develop our loan evaluation indicator by aggregating the profiles of lenders in the composition. To measure the ability of a lender for continuous improvement in P2P investment, we introduce lender maturity to capture this evolvement and incorporate it into the aggregation process. Our empirical study demonstrates that the maturity-based lender composition score can serve as an effective indicator for identifying loan quality and be included in other commonly used loan evaluation models for accuracy improvement.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Financial Innovation ; ISSN: 2199-4730 ; Volume: 7 ; Year: 2021 ; Issue: 1 ; Pages: 1-24 ; Heidelberg: Springer
- Klassifikation
-
Management
- Thema
-
Lender composition
Loan evaluation
Maturity assessment
P2P lending
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Guo, Yanhong
Jiang, Shuai
Zhou, Wenjun
Luo, Chunyu
Xiong, Hui
- Ereignis
-
Veröffentlichung
- (wer)
-
Springer
- (wo)
-
Heidelberg
- (wann)
-
2021
- DOI
-
doi:10.1186/s40854-021-00261-1
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Guo, Yanhong
- Jiang, Shuai
- Zhou, Wenjun
- Luo, Chunyu
- Xiong, Hui
- Springer
Entstanden
- 2021
Ähnliche Objekte (12)
Determinants of borrowers' default in P2P lending under consideration of the loan risk class
Determinants of borrowers' default in P2P lending under consideration of the loan risk class
Herding behaviour in P2P lending markets
A process model on P2P lending
Lending Growth, Non-Performing Loans and Loan Losses
P2P lenders versus banks: Cream skimming or bottom fishing?
P2P lenders versus banks: cream skimming or bottom fishing?
Networking with peers: Evidence from a P2P lending platform
Die Kreditvergabe über P2P-Lending Plattformen im internationalen Privatrecht
Lending relationships in loan renegotiation: Evidence from corporate loans
Adverse selection in P2P lending: Does peer screening work efficiently? Empirical evidence from a P2P platform
How does P2P lending fit into the consumer credit market?
Determinants of borrowers' default in P2P lending under consideration of the loan risk class
Determinants of borrowers' default in P2P lending under consideration of the loan risk class
Herding behaviour in P2P lending markets
A process model on P2P lending
Lending Growth, Non-Performing Loans and Loan Losses
P2P lenders versus banks: Cream skimming or bottom fishing?
P2P lenders versus banks: cream skimming or bottom fishing?
Networking with peers: Evidence from a P2P lending platform
Die Kreditvergabe über P2P-Lending Plattformen im internationalen Privatrecht
Lending relationships in loan renegotiation: Evidence from corporate loans
Adverse selection in P2P lending: Does peer screening work efficiently? Empirical evidence from a P2P platform
How does P2P lending fit into the consumer credit market?
Determinants of borrowers' default in P2P lending under consideration of the loan risk class
Determinants of borrowers' default in P2P lending under consideration of the loan risk class
Herding behaviour in P2P lending markets
A process model on P2P lending
Lending Growth, Non-Performing Loans and Loan Losses
P2P lenders versus banks: Cream skimming or bottom fishing?
P2P lenders versus banks: cream skimming or bottom fishing?
Networking with peers: Evidence from a P2P lending platform
Die Kreditvergabe über P2P-Lending Plattformen im internationalen Privatrecht
Lending relationships in loan renegotiation: Evidence from corporate loans
Adverse selection in P2P lending: Does peer screening work efficiently? Empirical evidence from a P2P platform