Household Credit Usage

Foreword by John Y. Campbell PART I: INTRODUCTION Household Finance and the Financial Decision-Making Process; S.Agarwal & B.W.Ambrose PART II: HOUSEHOLD CREDIT: DEMAND AND SUPPLY Recent Developments in the Credit Card Market and the Financial Obligations Ratio; K.Johnson Household Credit Counseling; R.Hunt Household Bankruptcy Decision; A.Lehnert & D.Maki PART III: HOUSEHOLD USE OF PERSONAL CREDIT Collateral and Sorting: An Empirical Investigation into Home Equity Lines of Credit; S.Dey & L.Dunn Automobile Loans and Information Asymmetry; S.Agarwal, B.W. Ambrose ,& S.Chomsisengphet Introductory Credit Card Interest Rates and Balance Switching Behavior of Cardholders; T.Ekici, L.Dunn& T.Kim. Do Personal and Business Credit Mix? An Examination of Family Owned Businesses; G.Kim Debit Cards and Consumer Credit and Debt; M.Fusaro Linkages between Consumer Payments and Credit; S.Chakravorti Payday Lending: Industry Structure and Policy Implications; K.Samolyk PART IV: HOUSEHOLD USE OF MORTGAGE DEBT Is Buying Really Better than Renting?; T.Somerville & P.Teller Choosing between Fixed and Adjustable Rate Mortgages; M.Paiella & A.Pozzolo Sub-Prime Borrowers and Interest Rates; S.Chomsisengphet & A.Pennington-Cross Synthesis of Issues Surrounding Borrower Prepayment and Default in Residential Mortgages; M.LaCour-Little PART V: REGULATORS' PROSPECTIVE OF CONSUMER CREDIT Statistical Analysis and Modeling for Fair Lending and Compliance: The OCC's Perspective; M.Pocock, I.Fang & J.Dietrich