Restyling of fees in consumers credit and their optimization

Claudia Battaglio; Giovanni Longo; Lorenzo Peccati

doi:10.1016/0377-2217(96)88173-2

Restyling of fees in consumers credit and their optimization

Claudia Battaglio
, Giovanni Longo
, Lorenzo Peccati

Research output: Contribution to journal › Article › peer-review

Abstract

The structure of fees in a consumers credit contract is considered. It is analysed under the profile of its financial convenience (measured by the NPV) and the legal profile, requiring to declare the IRR after fees. We characterise the fees structures allowing for both an increase in the NPV and a decrease in the IRR. We provide also the description of optimal fees structures by solving a LP problem. Finally the problem of financing initial expenses is considered.

Original language	English
Pages (from-to)	330-337
Number of pages	8
Journal	European Journal of Operational Research
Volume	91
Issue number	2
DOIs	https://doi.org/10.1016/0377-2217(96)88173-2
Publication status	Published - 7 Jun 1996
Externally published	Yes

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10.1016/0377-2217(96)88173-2

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title = "Restyling of fees in consumers credit and their optimization",

abstract = "The structure of fees in a consumers credit contract is considered. It is analysed under the profile of its financial convenience (measured by the NPV) and the legal profile, requiring to declare the IRR after fees. We characterise the fees structures allowing for both an increase in the NPV and a decrease in the IRR. We provide also the description of optimal fees structures by solving a LP problem. Finally the problem of financing initial expenses is considered.",

author = "Claudia Battaglio and Giovanni Longo and Lorenzo Peccati",

year = "1996",

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AU - Battaglio, Claudia

AU - Longo, Giovanni

AU - Peccati, Lorenzo

PY - 1996/6/7

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N2 - The structure of fees in a consumers credit contract is considered. It is analysed under the profile of its financial convenience (measured by the NPV) and the legal profile, requiring to declare the IRR after fees. We characterise the fees structures allowing for both an increase in the NPV and a decrease in the IRR. We provide also the description of optimal fees structures by solving a LP problem. Finally the problem of financing initial expenses is considered.

AB - The structure of fees in a consumers credit contract is considered. It is analysed under the profile of its financial convenience (measured by the NPV) and the legal profile, requiring to declare the IRR after fees. We characterise the fees structures allowing for both an increase in the NPV and a decrease in the IRR. We provide also the description of optimal fees structures by solving a LP problem. Finally the problem of financing initial expenses is considered.

UR - https://www.scopus.com/pages/publications/0030573506

U2 - 10.1016/0377-2217(96)88173-2

DO - 10.1016/0377-2217(96)88173-2

M3 - Article

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JO - European Journal of Operational Research

JF - European Journal of Operational Research

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ER -

Restyling of fees in consumers credit and their optimization

Abstract

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