Credit brings together leading international researchers to focus specifically on consumer debt, presenting current empirical …

We use information from the last wave of the Spanish Survey of Households Finance to study the influence of debt on the … smaller MPC than non-indebted households. This negative association increases along with the amount of debt. We also find a …

the Great Recession, there was a historic run-up in household debt, driven primarily by housing debt, which coincided with … recession since the 1930s. Following the steep increase in debt balances during the boom, households began rapidly paying off … their loans during and immediately after the Great Recession. Since 2013, debt has begun to increase and eventually rise …

This paper finds that stricter laws regulating third-party debt collection reduce the number of third-party debt … revolving lines of credit. Further, stricter third-party debt collection laws are associated with fewer consumer lawsuits … against third-party debt collectors but not with a reduction in the overall number of consumer complaints. Overall, stricter …

Approximately half of credit card holders in the United States regularly carry unpaid credit card debt. These so …