Applying the transtheoretical model of change to consumer debt behavior, abstract The Transtheoretical Model of Change (
Consumer Debt | 9780737747010 | Greenhaven Press/Gale Cengage Learning, 2010 | Joseph Tardiff | 263 pages | 2010 Credit card usage and consumer debt burden of households, the primary objectives of this study were to examine changes in credit card usage and the amount of debt between 1982 and 1986 and to identify factors influencing the amount of and changes in consumer debt held by households. Personal interviews were completed. Can measures of the consumer debt burden reliably predict an economic slowdown, some analysts and business executives are becoming concerned that recent increases in the consumer debt burden may foreshadow an economic slowdown. Different measures of the consumer debt burden are currently giving conflicting signals about the seriousness. The Innovative German Approach to Consumer Debt Relief: Revolutionary Changes in German Law, and Surprising Lessons for the United States, assistant Professor of Law, Louisiana State University, Paul M. Hebert Law Center. I offer my sincerest thanks to Irene Di Maio, who taught me German for Reading Understanding last summer and without whose help this Article would not have been possible. I would also. Two sides of the same coin? The differing roles of assets and consumer debt in marriage, this study examines whether assets and consumer debts relate to change in marital satisfaction and conflict in opposing ways or in independent ways. It also tests whether these relationships are direct or mediated. Using a nationally representative longitudinal sample. Consumer Debt and Usury: A New Rationale for Usury, usury is society's oldest continuous form of commercial regulation. It controls a multiplicity of individual transactions, each of relatively small significance. For example, the American Banker's Association estimates that there are about 5,300 credit card transactions. Need or want: what explains the run-up in consumer debt, background The debt boom of the past few years occurred against, the back drop of a weak labor market and rapidly rising prices for important consumer items. Real family incomes did not rise in any single year between 2000 and 2004, before recovering a little in 2005. The economic psychology of consumer debt, questionnaires were distributed to groups of people with either no debt, mild debt, or serious debt to a public utility company. Serious debtors were found to differ from the Non-debtor group on economic, sociological, and psychological variables: economic resources. The association between consumer debt and the likelihood of divorce, as part of the Center for Financial Security's 2010 symposium, this study examined the association between consumer debt and divorce. Longitudinal data from the National Survey of Families and Households (N= 4,574 couples) indicated that consumer debt. Applying the transtheoretical model of change to consumer debt behavior, abstract The Transtheoretical Model of Change (TMM) provided the framework for developing a measure to assess readiness to get out of credit card debt with consumers who are having credit card debt troubles. Key constructs of TTM include stages of change. Broke but not bankrupt: Consumer debt collection in state courts, virginia, with a population of about seven million, has averaged more than a million civil filings a year since the late 1980s. The overwhelming majority of these filings seek to collect debts from consumers, and most judgments go unpaid. Despite this apparent insolvency. Minimum required payment and supplemental information disclosure effects on consumer debt repayment decisions, repayment decisions how much of the loan to repay and when to make the payments directly influence consumer debt levels. The authors examine how minimum required payment policy and loan information disclosed to consumers influence repayment decisions. Consumer Debt and the Measurement of Poverty and Inequality in the US∗, this paper argues that interest on consumer debt must be taken into account when measuring poverty and inequality. These interest payments cannot be used to support household living standards. This makes middle-and low-income households worse. Peer comparisons and consumer debt, a number of commentators have expressed concern about the high level of debt incurred by the average American. While high debt is an appropriate response to low interest rates and an expected growth in income, it has also been suggested that it reflects consumption. A finite-life private-information theory of unsecured consumer debt, we present a theory of unsecured consumer debt that does not rely on utility costs of default or on enforcement mechanisms that arise in repeated-interaction settings. The theory is based on private information about a person's type and on a person's incentive to signal. Maturity, stagnation and consumer debt: a Steindlian approach, this paper extends a Steindlian model of growth and income distribution to incorporate borrowing by consumers. It shows that borrowing by consumers can improve growth prospects in the short run by increasing consumer demand. However, in the longer. Predictors of holding consumer and mortgage debt among older Americans, using data from the 2000 Health and Retirement Study (HRS), this study examined the probability of older Americans holding consumer and mortgage debt. The specific objectives of this study were to identify to what extent individuals aged 65 and over hold consumer. Consumer debt and financial fragility, this article sheds light on a crucial aspect of the global crisis of 2007-2009: the steady increase of US consumer debt to precipitous levels over a quarter of century. That trend, fed by a combination of macroâ economic, demographic, and political factors, intensified greatly. Psychological factors in consumer debt: Money management, economic socialization, and credit use, a postal survey study of factors correlated with consumer debt investigated several psychological variables which have been suggested as causes or effects of debt. The survey was conducted with the help of a public utility company, and questionnaires were sent. Can small victories help win the war? Evidence from consumer debt management, the question of how people should structure goal-directed activity to maximize the likelihood of goal attainment is one of theoretical and practical significance. In particular, should people begin by attempting relatively easy tasks or more difficult ones? How might these. Changes in consumer installment debt: Evidence from the 1983 and 1986 Surveys of Consumer Finances, consumer installment debt has grown substantially during the current economic expansion. By 1986, the level of such debt outstanding had reached a record high relative to disposable income. Aggregate data, however, reveal little about the behavior underlying this growth. by J Dew
