Contents

Measurement of factors for credit recovery failures

CHOI, Yeonsoo

  • 193 ITEM VIEW
  • 128 DOWNLOAD
Abstract

The debt adjustment system is a policy tool that has been realized in many countries. The credit recovery system not only helps debtors recover their credit but also relieves job insecurity caused by foreclosures and collections. However, not everyone benefits from the credit recovery system. Some debt-adjustment applicants experience a mid- term failure. To date, there were many studies that relied on surveys of people who applied for credit recovery, such as individual rehabilitation and bankruptcy. However, debtors who have experienced failure are reluctant to take the survey, making it difficult to do accurate analysis. This study analyzes the causes of credit recovery failures and suggests complementary points that can help regain credit. In particular, people with unstable incomes, such as temporary or unemployed workers, are less likely to succeed in recovering their credit. In addition, many of the dropouts were made early in the repayment period. On this basis, this study suggests that job consulting and credit consulting are helpful. These results can also be used to present complementary policies.

Advisors
Lee, Jinsoo
Department
KDI School, Master of Development Policy
Issue Date
2021
Publisher
KDI School
Description
Thesis(Master) -- KDI School: Master of Development Policy, 2021
Keywords
Debt; Finance, Personal
Contents
Ⅰ. Introductio

Ⅱ. Literature Review

Ⅲ. Objectives and Methodology

Ⅳ. Variables in Analysis

Ⅴ. Statistical Analysis and Results

Ⅵ. Conclusion
Pages
36 p
URI
https://archives.kdischool.ac.kr/handle/11125/42540
Type
Thesis
Files in This Item:

Click the button and follow the links to connect to the full text. (KDI CL members only)

qrcode

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.

상단으로 이동