Financial well-being and credit behavior in Mexico

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AudienciaPúblico en generales_ES
CoberturaMéxicoes_ES
Fecha de ingreso2026-09-15T00:30:24Z
Fecha de publicación2025-01-01
ResumenPurpose This study analyzes the relationship between credit score, credit behavior and financial well-being among consumers in Mexico. Credit behavior includes payment history, credit history length, debt amount, credit mix and new credit applications. Design/methodology/approach We compare OLS regression, regularized regression and ensemble methods to analyze credit behavior variables influencing financial well-being. Findings Our results confirm that consumers whose credit behavior complies with financial institutions’ standards tend to show better financial well-being. Higher credit scores, higher incomes, having multiple income sources and using more extended payment periods are associated with better financial well-being. Conversely, spending close to credit limits and having a credit history of 2–5 years are related to lower financial well-being. Research limitations/implications The data are nationally representative; however, they do not allow for intra-national analysis that captures the socioeconomic and cultural diversity of an emerging economy. Also, we acknowledge that the sample is skewed toward men. Practical implications Financial institutions can benefit by refining their credit evaluation processes and developing more effective credit products, especially in emerging markets. Moreover, policymakers can benefit by designing more targeted strategies to promote responsible credit usage. Originality/value We confirmed that the credit behavior variables in the FICO model are relevant to estimating financial well-being in an emerging economy, but not all of them. The FICO model to calculate credit scores, initially designed for developed economies, should be revised when applied to emerging economies. This study offers valuable insights for improving credit evaluation practices in emerging economies.es_ES
Doihttps://doi.org/10.1108/ijbm-02-2025-0139es_ES
URIhttps://riuat.uat.edu.mx/handle/123456789/2353
Idiomaeses_ES
EditorialEmeraldes_ES
RelaciónInternational Journal of Bank Marketinges_ES
URL relacionadohttps://doi.org/10.1108/ijbm-02-2025-0139es_ES
DerechosAcceso abierto (Metadatos de producción científica)es_ES
Licenciahttp://purl.org/coar/access_right/c_abf2es_ES
FuenteInternational Journal of Bank Marketing
TítuloFinancial well-being and credit behavior in Mexicoes_ES
TipoArtículoes_ES
ArbitradoHa sido Arbitradoes_ES
AutorHernandez-Zuluaga, Juan-Felipe
AutorMata, Osvaldo García
AutorArango, Juan David Ospina
AutorHurtado, Santiago Medina
AutorHurtado, Germán Alonso Patiño
AutorHernandez-Zuluaga, Juan-Felipees_ES
AutorMata, Osvaldo Garcíaes_ES
AutorArango, Juan David Ospinaes_ES
AutorHurtado, Santiago Medinaes_ES
AutorHurtado, Germán Alonso Patiñoes_ES
InstituciónUniversidad Autónoma de Tamaulipas
InstituciónUniversidad Autónoma de Tamaulipases_ES
Número6es_ES
Rango de páginas1163-1190es_ES
URL relacionadahttps://doi.org/10.1108/ijbm-02-2025-0139
Tipo de artículoIndexado
Tipo de artículoIndexadoes_ES
Volumen44es_ES

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