Abstract:
During the last ten years, the US credit market has suffered several transformations. The last economics crisis changed many institutions as well as market rules. In this context, the credit market has been affected by many factors and the credit-granting has to be based on sound and well-defined criteria. Financial Institutions have imposed highest constraints to credit-granting with the consequent exclusion of many players from the market. The establishment of new form of financial intermediaries, such as the Lending Club, allowed to consider into the credit market more potential customers with different credit histories. The scope of this paper is to analyze this aspect and its connection with macroeconomics and individual characteristics.
To have a deeper point of view the analysis has been performed considering every country in the United States and its population.
