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credit counseling
Impact Of Credit Counseling on Consumer Credit and Debt Payment Behavior Print E-mail
User Rating: / 0
Monday, 21 January 2008
Strong evidence exists that credit counseling affects consumer credit usage and payment behavior in a positive way. Borrowers who received this form of budget/financial counseling reduced their debt and improved their credit profile over three subsequent years, compared to similar borrowers who did not receive counseling.
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