Behavior Change Among Savings Program Participants

Loibl, C., Grinstein-Weiss, M., Zhan, M. & Red Bird, B. (2010). More than a penny saved: Long-term changes in behavior among savings program participants. Journal of Consumer Affairs, 44, (1): 98-126. http://dx.doi.org/10.1111/j.1745-6606.2010.01159.x.

Brief Description: The study explored the long-term effectiveness of low-income individuals’ participation in a federally funded matched savings program. To collect data, a survey was mailed to former program participants in Ohio, and compared with the responses of a general low-income population sample. The results document that …

Forbearance Plans for Credit Card Accounts

Agarwal, S., Chomsisengphet, S. & Mielnicki, L. (2008). Do forbearance plans help mitigate credit card losses? Journal of Family and Economic Issues, 29(2), 191-209.

Brief Description: Credit cards are the means of payment for millions of routine transactions, with the volume of credit card debt increasing dramatically in the last few years. This has led secondary market agencies, investors, and insurers of credit cards to employ forbearance options such as lengthening repayment terms, lowering interest rates, and permitting card …