Some sections of society have expressed concerns that consumer debt has risen to a dangerous level. However, there is little evidence regarding how consumers themselves feel about debt. This paper reports up-to-date findings from the International Institute of Banking and Financial Services' Financial Well-being Survey about consumers' attitudes towards debt in general and their current levels of borrowing. The implications for the financial services industry and its regulation are discussed.
机构:
Univ Missouri, Henry W Bloch Sch Management, Kansas City, MO 64110 USA
Kyung Hee Univ, Coll Polit & Econ, Seoul, South KoreaUniv Missouri, Henry W Bloch Sch Management, Kansas City, MO 64110 USA
Jin, Hyun Seung
Lutz, Richard J.
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机构:
Univ Florida, Warrington Coll Business Adm, Gainesville, FL USAUniv Missouri, Henry W Bloch Sch Management, Kansas City, MO 64110 USA