consumers to seek financial advice in the form of credit counseling concerning their credit and debt. Credit counseling is an … important component of the consumer credit sector for consumers facing debt problems.We combine instrumental variable approaches … financial literacy to exposure to credit counseling. Our results show credit counseling substitutes for financial literacy …

being credit rationed, loan size, and the probability of bankruptcy using household-level data from the Japanese Panel … Survey of Consumers, conducted by the Institute for Research on Household Economics, in conjunction with judicial data by …. Contrary to the predictions of the existing theory, we find that better judicial enforcement increases the probability of being …

being credit rationed, loan size, and the probability of bankruptcy using household-level data from the Japanese Panel … Survey of Consumers, conducted by the Institute for Research on Household Economics, in conjunction with judicial data by …. Contrary to the predictions of the existing theory, we find that better judicial enforcement increases the probability of being …