Credit Card Default Prediction Analysis: Based on Default Data of Taiwanese Customers from April to September 2005

Research Article
Open access

Credit Card Default Prediction Analysis: Based on Default Data of Taiwanese Customers from April to September 2005

Hanlu Sun 1*
  • 1 Nanhang Jincheng College    
  • *corresponding author 1914801028@qq.com
Published on 13 September 2023 | https://doi.org/10.54254/2754-1169/23/20230393
AEMPS Vol.23
ISSN (Print): 2754-1177
ISSN (Online): 2754-1169
ISBN (Print): 978-1-915371-89-8
ISBN (Online): 978-1-915371-90-4

Abstract

Credit cards are widely used due to their overdraft function, which establishes a loan relationship between customers and financial institutions. However, defaulting on credit card payments can result in negative consequences, such as bad credit records for cardholders and economic losses for financial institutions. This research paper analyzes credit card default data in Taiwan from April to September 2005, with the aim of providing support for financial institutions to effectively monitor credit card risks.

Keywords:

credit card, default data, factor analysis

Sun,H. (2023). Credit Card Default Prediction Analysis: Based on Default Data of Taiwanese Customers from April to September 2005. Advances in Economics, Management and Political Sciences,23,308-316.
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References

[1]. Xingliang Zhu,Jia Wang,and Jiaoju. Ge.Empirical Analysis of Factors Influencing Credit Card Repayment based on Probit Model [J]. Consumer economy,2013(4):1557-1580

[2]. Kuangnan Fang,Guijun Zhang,andHuiying Zhang. Personal Credit Risk warning Method Based on Lasso-Logistic Model [J]. Quantitative and technical economic research,2014(2):125-136

[3]. Ruiting Mei,Yang Xu,and Guochang Wang. Analysis of credit card default prediction model and its influencing factors [J]. Statistics and Application, 2016, 5(3): 263-275.

[4]. Xie,Xuanli,Yan Shen,Haoxing Zhang,and Feng Guo.2018. Can Digital Finance Promote Entrepreneurship? –Evidence from China. Economic Quarterly [Chinese, Jingjixue Jikan],17(4):1557–1580

[5]. Manning, R. D. (2000). Credit card nation: the consequences of America's addiction to credit. New York: Basic Books.

[6]. Jagtiani, Julapa, and Catharine Lemieux. 2019. The Roles of Alternative Data and Machine Learning in Fintech Lending: Evidence from the LendingClub Consumer Platform. Financial Management 48(4):1009–1029.


Cite this article

Sun,H. (2023). Credit Card Default Prediction Analysis: Based on Default Data of Taiwanese Customers from April to September 2005. Advances in Economics, Management and Political Sciences,23,308-316.

Data availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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About volume

Volume title: Proceedings of the 2023 International Conference on Management Research and Economic Development

ISBN:978-1-915371-89-8(Print) / 978-1-915371-90-4(Online)
Editor:Javier Cifuentes-Faura, Canh Thien Dang
Conference website: https://2023.icmred.org/
Conference date: 28 April 2023
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.23
ISSN:2754-1169(Print) / 2754-1177(Online)

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References

[1]. Xingliang Zhu,Jia Wang,and Jiaoju. Ge.Empirical Analysis of Factors Influencing Credit Card Repayment based on Probit Model [J]. Consumer economy,2013(4):1557-1580

[2]. Kuangnan Fang,Guijun Zhang,andHuiying Zhang. Personal Credit Risk warning Method Based on Lasso-Logistic Model [J]. Quantitative and technical economic research,2014(2):125-136

[3]. Ruiting Mei,Yang Xu,and Guochang Wang. Analysis of credit card default prediction model and its influencing factors [J]. Statistics and Application, 2016, 5(3): 263-275.

[4]. Xie,Xuanli,Yan Shen,Haoxing Zhang,and Feng Guo.2018. Can Digital Finance Promote Entrepreneurship? –Evidence from China. Economic Quarterly [Chinese, Jingjixue Jikan],17(4):1557–1580

[5]. Manning, R. D. (2000). Credit card nation: the consequences of America's addiction to credit. New York: Basic Books.

[6]. Jagtiani, Julapa, and Catharine Lemieux. 2019. The Roles of Alternative Data and Machine Learning in Fintech Lending: Evidence from the LendingClub Consumer Platform. Financial Management 48(4):1009–1029.