|Title:||A model proposal to determine a crowd-credit-scoring|
Vol. 11, No 4, 2018
Published date: 12-2018 (print) / 12-2018 (online)
Economics & Sociology
ISSN: 2071-789X, eISSN: 2306-3459
Universidad de Sevilla
Universidad Pablo de Olavide
Universidad de Sevilla, Universidad del Pacífico, Lima, Peru
|Keywords:||Crowdsourcing, crowdfunding, crowdlending, peer-to-peer, credit scoring|
Crowdlending is gaining importance as a financial option and is democratizing access to capital markets. However, the key factors that drive investors to choose a given project requires further research. Some authors have identified certain isolated factors, but a holistic approach is needed. To fill this gap, we identified 10 success factors allowing us to build a crowdlending success model. The model leads to establishing the concept of crowd-credit-scoring, in others words, understanding which criteria “crowds” follow when lending money and how different these criteria are from those applied by banking executives. Results will be very useful to establish the crowd-credit-scoring concept. In others words, which are the criteria follow by the “crowd” to lend money and how different are this criteria to the banking executives’ ones.
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