Access to consumer credit in the UK
Solomon Y. Deku
Alper Kara
Philip Molyneux
2134/21694
https://repository.lboro.ac.uk/articles/journal_contribution/Access_to_consumer_credit_in_the_UK/9501965
This paper investigates household access to consumer credit in the UK using information on 58,642 households between 2001 and 2009. Employing a treatment-effects model and propensity score matching, we find that non-white households are less likely to have financing compared to white households. We also find that even if they obtain financing, the intensity of borrowing is lower than for white households. Overall, non-white households seem to be in a weaker position to access consumer credit in the UK.
2016-06-17 10:16:33
Consumer credit
Financial exclusion
Racial origin
Business and Management not elsewhere classified