repayment

Text-based behavioural messaging can reduce delinquency, with the most effective messages either referencing social norms, or sent to individuals with higher socioeconomic status or higher credit scores

An experiment in Uganda shows that securing a loan with digital collateral can lead to positive benefits for both borrower and lender

Access to fast cash through digital credit may put consumers at risk for over-indebtedness and likelihood of default

In Indian banks, cultural proximity (shared beliefs, ethnicity) between lenders and borrowers increases access to credit and reduces default