scholarly journals Whither Consumer Credit Counseling

2005 ◽  
Author(s):  
Robert M. Hunt
Keyword(s):  
Consumer Credit ◽  
Credit Counseling

Medical Debt and Consumer Credit Counseling Services

2004 ◽  
Vol 15 (3) ◽  
pp. 336-346 ◽  
Author(s):  
Deborah Gurewich ◽  
Jeffrey Prottas ◽  
Robert W. Seifert ◽  
Susan Seager
Keyword(s):  
Consumer Credit ◽  
Counseling Services ◽  
Credit Counseling ◽  
Medical Debt

scholarly journals Credit counseling: a substitute for consumer financial literacy?

2015 ◽  
Vol 14 (4) ◽  
pp. 466-491 ◽  
Author(s):  
RICHARD DISNEY ◽  
JOHN GATHERGOOD ◽  
JÖRG WEBER
Keyword(s):  
Financial Literacy ◽  
Consumer Credit ◽  
Safety Net ◽  
Financial Situation ◽  
Financial Advice ◽  
Credit Counseling

AbstractIs financial literacy a substitute or complement for financial advice? We analyze the decision by consumers to seek financial advice in the form of credit counseling. Credit counseling is an important component of the consumer credit sector for consumers facing debt problems. Our analysis accounts for the endogeneity of an individual's financial situation to financial literacy, and the endogeneity of financial literacy to exposure to credit counseling. Results show counseling substitutes for financial literacy. Individuals with better literacy are 60% less likely to use credit counseling. These results suggest that credit counseling provides a safety net for poor financial literacy.

Feasibility of Brief Screening for At-Risk Gambling in Consumer Credit Counseling

2019 ◽  
Vol 35 (4) ◽  
pp. 1423-1439 ◽  
Author(s):  
Paul Sacco ◽  
Jodi Jacobson Frey ◽  
Christine Callahan ◽  
Martin Hochheimer ◽  
Rachel Imboden ◽  
...  
Keyword(s):  
At Risk ◽  
Consumer Credit ◽  
Credit Counseling ◽  
Brief Screening ◽  
Risk Gambling

CREDIT COUNSELING AND CONSUMER CREDIT TRAJECTORIES

2019 ◽  
Vol 57 (4) ◽  
pp. 1981-1996 ◽  
Author(s):  
Stephen Roll ◽  
Stephanie Moulton
Keyword(s):  
Consumer Credit ◽  
Credit Counseling

scholarly journals Risky Business: Legal and Economic Perspectives on South Korea's Individual Debtor Rehabilitation Acts

2006 ◽  
Vol 7 (2) ◽  
pp. 61-76
Author(s):  
Jasper Kim
Keyword(s):  
Asset Management ◽  
Credit Card ◽  
Consumer Credit ◽  
Credit Cards ◽  
Response Mode ◽  
Credit Counseling ◽  
The Government ◽  
Economic Perspectives ◽  
The Individual ◽  
Risky Business

Two years following the 1997-98 Korean financial crisis, the Korean government attempted to bolster consumer spending and re-invigorate the national economy by pursuing a series of policies that directly promoted the use of consumer credit cards. Subsequently, consumer credit card spiked upward, which led to a dramatic surge in individual debtor defaults. The government in response mode again thereafter initiated a three-pronged legislative effort to counter the post-1997 individual debtor polemic: (i) the Individual Debtor Rehabilitation Act (“IDRA” or the “Act”); (ii)) the Korea Asset Management Company’s Bad Bank (KAMCO or “Bad Bank”); and (iii) the Credit Counseling and Recovery Service (CCRS) (collectively, the “Legal Acts”). This paper surveys and analyzes the Legal Acts approach to resolving South Korea’s post-1997 consumer credit card spending polemic.

The History of Consumer Credit

2000 ◽  
Author(s):  
Rosa-Maria Gelpi ◽  
François Julien-Labruyère
Keyword(s):  
Consumer Credit ◽  
History Of
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