1、此文档是毕业设计外文翻译成品（ 含英文原文+中文翻译） ，无需调整复杂的格 式！下载之后直接可用，方便快捷！本文价格不贵,也就几十块钱！一辈子也就 一次的事！ 外 文 标 题 ： Evaluating credit risk and loan performance in online Peer-to-Peer (P2P) lending 外文作者：Riza Emekter, Yanbin Tu, Benjamas Jirasakuldech, and Min Lu 文献出处: Applied Economics, 2019 Vol. 47, No. 1, 5470, (如觉得年 份太老，可改
2、为近 2 年，毕竟很多毕业生都这样做) 英文 5936 单词，36959 字符(字符就是印刷符)，中文 9145 汉字。 Evaluating credit risk and loan performance in online Peer-to-Peer (P2P) lending Abstract：Online Peer-to-Peer (P2P) lending has emerged recently. This micro loan market could offer certain benefi ts to both borrowers and lenders. Using dat
3、a from the Lending Club, which is one of the popular online P2P lending houses, this article explores the P2P loan characteristics, evaluates their credit risk and measures loan performances. We find that credit grade, debt-to-income ratio, FICO score and revolving line utilization play an important
4、 role in loan defaults. Loans with lower credit grade and longer duration are associated with high mortality rate. The result is consistent with the Cox Proportional Hazard test which suggests that the hazard rate or the likelihood of the loan default increases with the credit risk of the borrowers. Finally, we fi nd that higher interest rates charged on the high- risk borrowers are not enough to compensate for higher probability of the loan default. The Lending Club must fi nd ways to attract
