"Financial Behaviors of Consumers in Credit Counseling" Accepted for Publication

November 9, 2004 - Financial Behaviors of Consumers in Credit Counseling, authored by Jing Jian Xiao, Ph.D. (University of Rhode Island), Benoit Sorhaindo (InCharge® Education Foundation, Inc.) and Thomas Garman, Ph.D. (Professor Emeritus at Virginia Tech) has been accepted for publication in the International Journal of Consumer Studies. The analysis found that for consumers who use credit counseling services, their exercise of positive financial behaviors and their reporting of a higher self-evaluation score were associated with reduced financial stress and increased financial satisfaction.

Headquartered in Orlando, Florida, InCharge^® Institute of America, Inc. is a national non-profit organization specializing in personal finance education and credit counseling. The InCharge Institute family includes InCharge^® Education Foundation, which publishes YOUNG MONEY^® magazine and Military Money^™ magazine and offers basic financial management education to clients and the general public, and InCharge^® Debt Solutions, which provides professional credit counseling and financial education services. InCharge is a member of the Association of Independent Consumer Credit Counseling Agencies (AICCCA).