Contractual Relation Between Creditor
Posted By on February 25, 2016
In these situations, he is most likely that the creditor is displayed to the insolvency risk. A time that the debtor has gotten the loan, is most likely that it invests in projects of high risk, already that these provide higher if successful returns. However, the high risk diminishes its probability to fulfill its commitment with the creditor. Having defined that the functioning of the credit market deeply is affected by the availability of information between its agents it is necessary that ways search that assist in the process of transmission of information between the debtor and the creditor. Available literature points some contributions the solutions of these problems starting with Spence (1974), Rothschild and Stiglitz (1976) and Wilson (1977) that they present a series of tools that induce the equalizao of information between the Agents. Comumente these tools are called ‘ ‘ tools of filtragem’ ‘ (‘ ‘ screening devices’ ‘), therefore they allow to the creditors the accomplishment of a separation between good and bad debtors.
In next articles I will present the possible solutions to be applied in a process of management of risk of credit carried through for the banks to reduce its asymmetry of information with respect to its wallet of customers.
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