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Tạp chí quốc tế 2023
Số tạp chí 66(2023) Trang: 389-401
Tạp chí: Xi'an Shiyou Daxue Xuebao (Ziran Kexue Ban)/Journal of Xi'an Shiyou University, Natural Sciences Edition

In recent years, consumer credit activity has become a topic of broad public interest in Vietnam as the demand for consumer credit is rapidly increasing in both urban and rural areas. In Vietnam, many empirical papers have focused on investigating the determinants of consumer credit accessibility from commercial banks, but the prior studies on the factors affecting consumer credit accessibility from financial companies are still limited. Hence, the aim of this paper was to analyze the determinant factors of the consumer credit accessibility from financial companies of individual borrowers in Vinh Long province, Vietnam. Based on the primary data of 141 individual borrowers in Vinh Long province, the study applied Probit regression model to test the proposed hypotheses. The research results showed that age, education level, marital status, working area and access to credit information positively affect the borrower's ability to access consumer loans. Based on the empirical findings, the authors proposed several recommendations to increase the consumer credit accessibility from financial companies of individual borrowers in Vinh Long province.

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