Meet the New Borrowers

Credit card lenders have been writing off loans at sharply higher rates since 1995, suggesting that riskier borrowers are acquiring credit cards. What makes the new borrowers riskier - even more than their personal characteristics and attitudes toward debt - is the fact that they carry higher debt burdens and work in occupations where income may be more cyclical

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Year of publication:	[2009]
Authors:	Black, Sandra E.
Other Persons:	Morgan, Donald P. (contributor)
Publisher:	[2009]: [S.l.] : SSRN

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Extent:	1 Online-Ressource (6 p)
Type of publication:	Book / Working Paper
Notes:	In: Current Issues in Economics and Finance, Vol. 5, No. 3, February 1999
Classification:	G21 - Banks; Other Depository Institutions; Mortgages ; E5 - Monetary Policy, Central Banking and the Supply of Money and Credit
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012767052