Federal ID: 91-6001537
ISSN: 0022-1090 (Print) | 1756-6916 (Online)
Fintech Lending and Credit Market Competition
Yinxiao Chu and Jianxing Wei ♦ This paper studies how the rise of financial technology (Fintech) lending affects credit access, interest rates, and social welfare. We consider a lending competition model with two incumbent banks and a Fintech lender, who…