Firm approval choice model estimates
| Predictor variable | Estimate | Standard error |
|---|---|---|
| Intercept | 5.651*** | 0.10669 |
| Requested amount | −0.000 | 0.00000 |
| Deposit relationship (base level = no) | ||
| Yes | 0.062† | 0.03454 |
| Cash down payment | −0.000** | 0.00000 |
| LTV ratio | −2.403*** | 0.03011 |
| TDSR | −0.680*** | 0.06095 |
| Vehicle age | 0.008 | 0.00845 |
| Income | 0.000*** | 0.00000 |
| Amortization | −0.002* | 0.00100 |
| Risk class (base level = 1) | ||
| 2 | −1.919*** | 0.02424 |
| 3 | −2.893*** | 0.02914 |
| Region | Too many | |
| Manufacturer | Too many | |
| LnLik | −30,352 | |
| AIC | 60,791 | |
| Predictor variable | Estimate | Standard error |
|---|---|---|
| Intercept | 5.651 | 0.10669 |
| Requested amount | −0.000 | 0.00000 |
| Yes | 0.062 | 0.03454 |
| Cash down payment | −0.000 | 0.00000 |
| LTV ratio | −2.403 | 0.03011 |
| TDSR | −0.680 | 0.06095 |
| Vehicle age | 0.008 | 0.00845 |
| Income | 0.000 | 0.00000 |
| Amortization | −0.002 | 0.00100 |
| 2 | −1.919 | 0.02424 |
| 3 | −2.893 | 0.02914 |
| Region | Too many | |
| Manufacturer | Too many | |
| LnLik | −30,352 | |
| AIC | 60,791 | |
Notes:
***significant at 0.1%, **significant at 1%, *significant at 5%, †significant at 10%