Determinants of Automobile Loan Default and Prepayment

The authors examine whether a borrower's choice of automobile reveals information about future loan performance. They find that loans on most luxury automobiles have a higher probability of prepayment, while loans on most economy automobiles have a lower probability of default, even when holding traditional risk factors, such as income and credit score, constant

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Year of publication:	2008
Authors:	Agarwal, Sumit ; Ambrose, Brent William ; Chomsisengphet, Souphala
Publisher:	[S.l.] : SSRN
Subject:	Hypothek \| Mortgage \| Verbraucherkredit \| Consumer credit \| Kraftfahrzeug \| Motor vehicle \| Kreditwürdigkeit \| Credit rating \| Gebrauchtfahrzeug \| Used vehicle

Extent:	1 Online-Ressource (12 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Economic Perspectives, Vol. 32, No. 3, 2008 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 17, 2008 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

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