摘要
Most loan evaluation methods in peer-to-peer(P2P)lending mainly exploit the borrowers’credit information.However,the present study presents the maturity-based lender composition score,which exploits the investment capability of a group of lenders who fund the same loan,to enhance the P2P loan evaluation.More specifically,we extract lenders’profiles in terms of performance,risk,and experience by quantifying their investment history and develop our loan evaluation indicator by aggregating the profiles of lenders in the composition.To measure the ability of a lender for continuous improvement in P2P investment,we introduce lender maturity to capture this evolvement and incorporate it into the aggregation process.Our empirical study demonstrates that the maturity-based lender composition score can serve as an effective indicator for identifying loan quality and be included in other commonly used loan evaluation models for accuracy improvement.
基金
supported by the Natural Science Foundation of China(Nos.71974031,71771034)
the Chinese Universities Scientific Fund(No.DUT19RW216)
the Economic and Social Development Project of Liaoning Province(No.20201slktyb-019)
supported in part by the National Science Foundation(NSF)via the Grant Number IIS-1648664.
