Categories
lendgreen loans payday loans online same day

First-stage fuzzy RD: Credit score and receiving a payday loan

First-stage fuzzy RD: Credit score and receiving a payday loan

Figure shows in panel A an RD first-stage plot on that the horizontal axis shows standard deviations associated with the pooled company credit ratings, because of the credit rating limit value set to 0. The vertical axis shows the probability of a specific applicant receiving a loan from any lender available in the market within 7 days of application. Panel B illustrates a thickness histogram of fico scores.

First-stage fuzzy RD: Credit score and receiving an online payday loan

Figure shows in panel A an RD first-stage plot by that your horizontal axis shows standard deviations regarding the pooled company credit ratings, aided by the credit history limit value set to 0. The vertical axis shows the probability of an specific applicant receiving a loan from any loan provider available in the market within 7 days of application. Panel B illustrates a thickness histogram of fico scores.

First-stage RD quotes

. (1) . (2) . (3) . (4) .
Applicant gets loan within . seven days . 1 month . 60 times . 24 months .
Estimate 0.45 *** 0.43 *** 0.42 *** 0.38 ***
(0.01) (0.01) (0.01) (0.01)
Findings 735,192 735,192 735,192 735,192
. (1) . (2) . (3) . (4) .
Applicant gets loan within .