This paper looks at arrears among US households between 1995 and 2013. It uses household data from the Survey of … Consumer Finances (SCF) where arrears occur when a household reports it “sometimes got behind or missed a payment”. The key …

household debt, (1) installment loan debt and (2) credit card debt. Results of a Heckman selection model indicate that …Using the 2010 and 2013 Survey of Consumer Finances (N=12,497), this study investigates the relationship between credit … constraint and credit use of U.S. households after the Great Recession. Credit use is identified for two major categories of …

One suggested hypothesis for the dramatic rise in household borrowing that preceded the financial crisis is that low …-income households increased their demand for credit to finance higher consumption expenditures in order to "keep up" with higherincome … households. Using household level data on debt accumulation during 2001-2012, we show that low-income households in high …

Credit reports are used in nearly all consumer lending decisions and, increasingly, in hiring decisions in the labor … market, but the impact of a bad credit report is largely unknown. We study the effects of credit reports on financial and … Chapter 13 filers, whose personal bankruptcy flags are removed from credit reports after seven years, to changes for Chapter 7 …