Economic Disruptions in Repayment of Peer Loans

Economic disruptions can alter the likelihood of defaults on peer-to-peer loans, causing those impacted to adjust. The option to declare economic hardship and temporarily reduce the payment burden can provide some relief. When this occurs, the borrower’s financial qualifications have changed. The qu...

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Bibliographic Details
Main Authors: David Maloney, Sung-Chul Hong, Barin Nag
Format: Article
Language:English
Published: MDPI AG 2023-09-01
Series:International Journal of Financial Studies
Subjects:
Online Access:https://www.mdpi.com/2227-7072/11/4/116