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Table 9 Average marginal effects

From: Fintech platforms: Lax or careful borrowers’ screening?

  (1) (2) (3)
AME SE AME SE AME SE
Not verified − 0.00681*** 0.000457 − 0.00403*** 0.000645 − 0.00591*** 0.000590
ln(Loan Amount) 0.00120*** 0.000326 − 0.000854* 0.000482 0.00524*** 0.00105
Term − 0.00692*** 0.000454 − 0.00505*** 0.000650 − 0.00678*** 0.000593
Interest rate 0.000653*** 4.25e−05 0.000017 6.33e−05 0.000734*** 5.57e−05
Revolving utilitation    0.00845*** 0.001201   
Months since last delinquent    − 0.00009*** 0.00001   
Debt to income ratio    − 0.00004* 0.00003   
Mortgage account    − 0.000302** 0.00001   
Bankcard Balance > 75%    − 0.000186*** 0.00003   
Total account    0.00019*** 0.00002   
ln(Annual Income)      0.00304*** 0.00112
Loan to annual income      − 0.0495*** 0.00501
Home mortgaged      − 0.0144 0.0118
Home owned      − 0.0142 0.0118
Home rented      − 0.00849 0.0118
Loan purpose: credit card      − 0.00149 0.00106
Loan purpose: debt consolidation      − 0.000265 0.000943
Loan purpose: small business      − 0.0111*** 0.00209
Employment length      0.000146** 7.31e−05
Year      − 0.00107** 0.000493
Observations       
  291,664   146,246   177,963  
  1. The table report results from beta regression and logit model on RR with indicators and continuous explanatory variables. Both in the beta models and zero-inflated are reported the average marginal effects. The standards errors are in paratheses. All models are estimated with intercepts. For brevity, only the loan purpose' significant are exposed. The estimated goodness of fit is shown
  2. ***, ** and * denotes significative at levels 1%, 5% and 10% levels, respectively