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This document summarizes a study that examines how the introduction of credit scores affects the productivity and loan output of BancaMia, a bank in Colombia specialized in micro and small business loans. The study used a randomized controlled trial where credit scores were either disclosed at the beginning of the loan evaluation, withheld until an interim decision, or not disclosed. The results showed that credit scores: 1) Increased the time committees spent evaluating each application by 16% and led comm
- Author
- DetteDeCastro
- Language
- EN