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Fan, Lu; Chatterjee, Swarn – Journal of Financial Counseling and Planning, 2017
This study uses the 2009 National Financial Capability Study dataset to examine the factors associated with information search behavior by consumers when applying for a loan. The results indicate that financial literacy, perceived financial knowledge, educational attainment, and engaging the services of a financial professional are positively…
Descriptors: Decision Making, Money Management, Information Seeking, Consumer Economics