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The Role of Information in Lending: The Cost of Privacy Restrictions (CRS Report for Congress)

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Release Date Revised Jan. 29, 2004
Report Number RL31847
Report Type Report
Authors Loretta Nott, Government and Finance Division
Source Agency Congressional Research Service
Older Revisions
  • Premium   May 19, 2003 (12 pages, $24.95) add
Summary:

This report examines the economics of information sharing in consumer credit markets by (1) explaining the role of information in the lending process; (2) describing the economic effects of credit reporting; and (3) outlining the potential economic benefits forgone by restricting consumer credit information.