Economically vulnerable families are increasingly willing to take on debt to maintain a basic standard of living—a situation that can put them into a deep financial hole, according to a new University of Michigan study.
Economics & Business
May 27, 2015
0
8
Results to be published in the Journal of Family and Economic Issues suggest that having short-term household debt—credit cards and overdue bills—increases depressive symptoms. The association is particularly strong among ...
Economics & Business
Apr 30, 2015
0
33
Would-be participants of higher education must be given full and transparent advice before they accumulate debts as students that follow them into the workplace, according to a report published in the International Journal ...
Economics & Business
Mar 25, 2015
2
11
The College of Human Ecology's Laura Tach and her co-authors must have trustworthy faces. Working-poor recipients of the Earned Income Tax Credit (EITC) in Boston divulged things they'd never tell the Internal Revenue Service ...
Social Sciences
Feb 6, 2015
4
42
(Phys.org)—Younger Americans not only take on relatively more credit card debt than their elders, but they are also paying it off at a slower rate, according to a first-of-its-kind study.
Economics & Business
Jan 14, 2013
10
1
Participating in online social networks can have a detrimental effect on consumer well-being by lowering self-control among certain users, according to a new study in the Journal of Consumer Research.
Social Sciences
Dec 11, 2012
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0
Parents need to be good role models to help their children make sensible financial decisions, according to Adam Hancock and his team, from East Carolina University in the US. Their work highlights that parents who argue about ...
Economics & Business
Oct 18, 2012
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0
(Phys.org)—Before the financial crash of 2008, it was highly educated Americans who were most likely to pile on unmanageable levels of debt, a new study suggests.
Economics & Business
Oct 9, 2012
4
0
A new University of Sydney study has revealed the full extent of Australia's love-hate relationship with credit cards and those who use them.
Economics & Business
May 21, 2012
1
0
Credit card customers are likely to pay less toward their credit card debt because their monthly bills display information about the minimum required payment amount, American and British researchers report in the Journal ...
Economics & Business
Nov 7, 2011
4
0
