The Influence of Financial Well-Being on Pawnshop Use

• Published in: The Journal of consumer affairs Vol. 53; no. 4; pp. 1674 - 1692
• Main Authors: NICOLINI, GIANNI, CUDE, BRENDA J.
• Format: Journal Article
• Language: English
• Published: Malden, USA Wiley 01.12.2019; Wiley Periodicals, Inc; Blackwell Publishing Ltd
• Subjects: Banking; Credit cards; Economic well being; Financial Literacy and Education; Pawn shops; Well being

This research examined the influence of financial well-being on pawnshop use. Data from the 2015 National Financial Capability Study were used to construct a measure of financial well-being, based on the Consumer Financial Protection Bureau’s definition. A higher financial well-being reduced the odd...