Household Credit Usage: Personal Debt and Mortgages

Front Matter....Pages i-xiv
Front Matter....Pages 1-1
Household Finance and the Financial Decision-Making Process....Pages 3-9
Front Matter....Pages 11-11
Recent Developments in the Credit Card Market and the Financial Obligations Ratio....Pages 13-35
Whither Consumer Credit Counseling....Pages 37-54
Consumption, Debt, and Portfolio Choice: Testing the Effects of Bankruptcy Law....Pages 55-76
Front Matter....Pages 77-77
Collateral and Sorting: An Empirical Investigation of the Market for HELOCs....Pages 79-91
Asymmetric Information and the Automobile Loan Market....Pages 93-116
Introductory Credit Card Offers and Balance Switching Behavior of Cardholders....Pages 117-131
An Exploration of Usage of Personal Credit Cards by Small Businesses....Pages 133-147
Debit Cards: The New, Old Way to Pay....Pages 149-159
Linkages between Consumer Payments and Credit....Pages 161-174
Payday Lending: Evolution, Issues, and Evidence....Pages 175-200
Front Matter....Pages 201-201
Do Renters Miss the boat? Homeownership, Renting, and Wealth Accumulation....Pages 203-217
Choosing between Fixed- and Adjustable-Rate Mortgages....Pages 219-236
Interest Rates in the Sub-Prime Mortgage Market....Pages 237-252
Default and Prepayment Risk in Residential Mortgage Loans: A Review and Synthesis....Pages 253-266
Front Matter....Pages 267-267
Statistical Analysis and Modeling for Fair Lending and Compliance: The OCC’s Perspective....Pages 269-284
Back Matter....Pages 285-290