Changes in the Credit Repayment Performance of Low Income Consumers: An Exploratory Study

This paper examined the credit behavior during the second year of a two-year study of bank credit card use by a group of low income consumers who had had a consumer education course. It reports findings about factors affecting changes in repayment practices over the two-year period. Different variables were found to affect repayment behavior at different points in time with elements from traditional credit scoring schemes becoming important in the second year of study.     

Consumer Credit Use by Low Income Consumers Who Have Had a Consumer Education Course: An Exploratory Study

This research examines the use of bank credit cards by forty-eight low income persons who successfully completed a consumer education course. Data for a twelve-month period showed participants undertaking relatively high credit obligations in relation to repayment capabilities. Banking affiliation and knowledge concerning credit card accounts were significant in explaining variance in credit behavior. The findings suggest it may be useful to identify additional variables beyond those now used for evaluating credit risks among low income people.     

Helping Consumers Choose a Credit Card

Choosing an economically appropriate credit card requires that two kinds of information be available: knowledge of one's credit card usage and comparison information on credit card costs. This article examines a recent Canadian information program on credit card costs and presents the results of a study designed to test the effectiveness of changes in the information presentation format.     

Effects of Low Income Families' Ability and Willingness to Use consumer Credit on Subsequent Outstanding Credit Balances

This study investigates consumer credit use of 618 low income families selected from the 1983 and 1986 Survey of Consumer Finances. The low income family's ability and willingness to use credit along with selected interaction variables are tested in a hierarchical multiple regression model. Significant determinants of the amount of credit outstanding in 1986 were household head's employment status and age, credit balance in 1983, and two interaction variables: specific attitude toward credit with head's educational level and with debt balance in 1983. Implications of the use of consumer credit by low income families are discussed.     

Equal Credit Opportunity Legislation and Indicators of Credit Worthiness: An Economic Study of Women Applicants for Credit in California

Although much equal credit opportunity legislation has been passed in recent years, little has been done to ascertain whether the new laws have actually altered lending practices or whether the practices were sex-biased initially. This research makes use of a sample of 241 women from five counties in California to show what factors affect the probability of credit extension to women in that state, and whether these variables are different from those that were associated with lending practices before the law's passage. The results indicate that prior to the passage of the law, several market indices, including home ownership and spousal support, were associated with an applicant's ability to obtain credit. After passage of the law these indices were no longer significant predictors of loan approval. Within the limits of the data and the design used here, the empirical evidence supported the hypothesis that California credit institutions changed their lending criteria after the passage of equal credit opportunity legislation.     

谁会影响消费者选择智能手机

<正>当智能手机市场以惊人的速度增长时,手机厂商、运营商、操作系统这个生态链条也在发生变化。长久以来,中国的几大运营商之间终端通用,使得各运营商只需埋头做好自己的网络和服务就可以留住忠     

Purchase Attributes of Wine Consumers with Low Involvement

Abstract

The past decade has seen a dramatic increase in wine consumption. With this increase comes the need to understand how consumers choose wine. Wine consumers have different types of experiences and expectations, and a one bottle fits all method of catering to wine consumers is not an appropriate marketing strategy. Consumer segmentation based upon involvement with wine is critical to understanding buying behaviors. This study used factor analysis and logistic regression to identify the wine novice and what marketing cues they use to purchase wine. The results identified key marketing cues wine novices use to purchase wine and revealed yet another involvement category: the emerging wine learner.     

Social Networks and Credit Card Overspending Among Young Adult Consumers

Research that has looked at the reasons why young individuals overspend using their credit cards has not paid attention to the perceptions that they have about important others' credit card debt, their expectations as to how much to spend when they consume in the presence of them, and how the strength of the social relationships within their social network potentially influences the extent to which they overspend using their credit cards. A survey of 225 US university students composing a culturally diverse sample revealed that these social norms and network variables have interactive effects on credit card overspending. Specifically, the results show that the perceptions that young adult consumers have about important others' credit card debt impact their overspending using credit cards when they feel that they are expected to consume at the same level as important others in shared experiences, and when they are strongly connected to these individuals.     

Consumers’ Use of Credit Cards: Store Credit Card Usage as an Alternative Payment and Financing Medium

This paper investigates consumers’ use of store-issued credit cards with particular attention to their function as an alternative payment and financing medium. Using 1998 Survey of Consumer Finances data, the researchers found that credit availability through bankcards is negatively correlated with consumers’ use of store cards as a financing medium, suggesting the role of store cards as a supplementary credit line. A negative relationship is also found to exist between consumers’ bankcard usage and their use of store cards for a transaction purpose, indicating that store cards function as a substitute payment medium. Consumers’ usage of store cards varies according to function and is related to a number of variables, including the use of bank cards, credit history, attitude toward credit, income, education, and ethnicity.     

‘The Role of Money and Religiosity in Determining Consumers’ Ethical Beliefs’

This article presents the results of a study that investigated the roles that religiosity and ones money ethic play in determining consumer attitudes/beliefs in various situations regarding questionable consumer practices. One dimension of religiosity – intrinsic religiousness – was studied. Four separate dimensions of a money ethic scale were initially examined, but only one was used in the final analyses. Results indicated that both intrinsic religiousness and one’s money ethic were significant determinants of most types of consumer ethical beliefs.     

Understanding Credit Card Use Among Indian Consumers: Role of Materialistic Values and Compulsivity

The current research examines influence of materialism and compulsive-buying behavior on Indian consumers’ credit card use. Research in Western countries posits that materialistic values and compulsiveness influence credit card use. However, results of the research differ from earlier researches. It suggests that Indian consumers’ credit card use is influenced by materialism but not by compulsiveness. Credit cards may be acquired to represent a lifestyle and improve individual’s status. The symbolic value associated with credit card is higher than its functional attributes. Consumers associate it with material possessions that bequeath status to them.     

Factors Determining Consumer Interest in Catalogs

ABSTRACT

This paper attempts to explain how consumer interest in catalogs is determined. A number of factors are identified that influence consumer interest in catalogs. These factors include a set of economic and social factors, and consumer perceived risk, demographics, and prior experience. The influence of these factors on consumer interest in catalogs is tested using data from Saudi Arabia, an emerging market. Results indicate that the economic and social factors influence consumer interest in catalogs. Also, consumer perceived risk, education, income and prior experience are related to consumer interest in catalogs, while gender and marital status are not.     

居民收入差距的来源与影响因子

本文通过分解基尼系数和锡尔系数分析了浙江省居民收入差距,认为浙江省的居民收入呈现出居民收入高并持续快速增长、农民收入明显高于全国平均水平、城市居民收入两极分化、城乡居民收入差距扩大但尚处于合理区间等特点.影响浙江省居民收入差距的主要因素包括不同的收入来源,工薪收入比重大,家庭经营性收入和劳动者报酬收入、地带间和行业问收入差距大等因素.为了缩小浙江省居民的收入差距.应加快城市化进程,统筹城乡发展,缩小城乡居民收入差距;统筹区域经济协调发展,缩小地区间居民收入差距;深化收入分配制度改革,加强收入分配宏观调控;完善社会保障制度,使社会保障真正起到"减震器"的作用;加快农业生产的发展及农业产业化.实现传统农业向高效、优质、现代集约型农业转变.     

Consumer Self-Confidence in Wine Consumers: The Role of Knowledge-Based Factors

This study uses the Wine Self-Confidence Scale (WSCS) with a sample of 297 customers of ABC Fine Wine and Spirits, a Florida-based retailer, to examine aspects of self-confidence in wine purchasing. The results indicate that two knowledge-based self-confidence factors (information knowledge and persuasion knowledge) were predominant for these consumers. The study showed strong support for the WSCS, which was developed as a measure of self-confidence in wine buying by Olsen, Thompson, and Clarke (2003) and how these relate to reliance on personal experience.     

消费者认知偏差与信用卡产业政策优化

消费者存在"短视"认知偏差,表现出过度消费倾向。流动性约束和"支付的痛苦"可以作为消费者防止过度消费的两个自我保护措施。信用卡类产品使消费者可以即期消费、延期支付,破坏了消费者自我保护措施的效力,使得过度消费更经常地实现,导致消费者的福利损失。政府需要进行适当的干预,强制规定信用卡发卡、服务收费及信息披露等方面的最低标准,教育消费者,从而为消费者提供降低认知偏差、锁定消费路径的技术补充,防止消费者信用破产和预防金融风险。     

对FDI区位选择决定因素的实证分析

FDI在华区域分布极不平衡，东部沿海吸引了近90％的FDI，中西部仅吸收近10％的FDI，FDI在国内地理分布上的不平衡已经是造成地区经济差异的重要因素。通过建立多元线性回归模型对影响FDI区住选择三大基础因素进行实证分析，以期验证影响和决定FDI在华区位分布的各个基础经济变量的有效性，并提出相应的对策与建议。     

农民农业收入影响因素的实证分析

本文通过对我国1985-2007年农业基本建设投资、农业贷款、农业保险、农业科技与农民农业收入的关系进行协整检验并建立误差修正模型,验证了农民农业收入与上述几个因素之间存在的长期协整关系和短期修正关系。研究表明,农业基本建设投资是促进农民增收的重要因素,农业贷款和农业保险次之;农业科技投入对农民增收不但没有促进作用,相反有微弱的阻碍作用;最后就促进农民农业收入增加简要地提出了相关的政策建议。     

Factors That Affect the Attitudes of Consumers Toward Halal-Certified Products in Turkey

Halal is an Arabic word that means lawful or permitted in reference to Islam. Muslims are responsible for consuming goods that are lawful. However, the target consumer group for halal food is not only Muslim people but also consumers who seek hygienic and quality products. Halal concept is not limited with foods; it covers cosmetics, finance, logistics, and many other sectors. This study aims to determine the factors that affect the attitudes of consumers toward halal foods and to show the effects of religiosity, perceived risk, and involvement on halal food preferences in Turkey.