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Purpose: Over the past a few decades, there has been an increasing body of research on debt and wellbeing. However, research on the potential effect of various debt portfolios on family financial wellbeing is limited. The purpose of this study is to fill this research gap by examining the...
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Purpose – The purpose of this paper is to document debt delinquency patterns by family lifecycle categories using multiple data sets that are nationally representative of American families.Design/methodology/approach – Based on previous research, 15 lifecycle categories appropriate for...
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Purpose: In recent decades, research on consumer debt and well-being is emerging. However, research on the potential effect of debt portfolios on family financial well-being is limited. The purpose of this study is to fill this research gap by examining the potential effect of debt portfolios on...
Persistent link: https://www.econbiz.de/10013406606
In recent decades, research on consumer debt and wellbeing is emerging. However, research on the potential effect of debt portfolios on family financial wellbeing is limited. The purpose of this study is to fill this research gap by examining the potential effect of debt portfolios on family...
Persistent link: https://www.econbiz.de/10014257269
In the wake of the recent housing and financial crisis, many have argued that consumers are defaulting on their mortgage for strategic reasons, either because they are "underwater" or to preserve access to credit from other types of debt products, in order to maintain their consumption of other...
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