The Effect of Credit Scoring on Small-Business Lending
研究美国大型银行使用信用评分对小企业贷款的影响，发现信用评分使小企业贷款组合份额平均增加8.4%，相当于每家机构40亿美元，但未能找出具体导致贷款增加的评分程序特征。
This paper examines the effect of credit scoring on small-business lending for a sample of large U. S. banking organizations. We find that credit scoring is associated with an 8.4 percent increase in the portfolio share of small-business loans, or $4 billion per institution. However, we fail to uncover any specific attributes of bank small-business credit-scoring programs that lead to this increased lending. Overall, we conclude that credit scoring lowers information costs between borrowers and lenders, thereby reducing the value of traditional, local bank lending relationships.