Consumer Credit Research Institute
The Consumer Credit Research Institute (CCRI) is a scientific organization dedicated to better understanding financially distressed consumers' decisions, choices, and activities. In collaboration with leading universities, not-for-profit institutions, commercial interests, and policy agencies, the CCRI takes an applied behavioral science approach to understanding the ways in which consumers get into financial trouble, and seeks to discover new ways to break the chronic debt cycles that can lead to ongoing financial distress.
The institute’s research activities are divided into 3 main areas: (i) psychology and behavioral economics, (ii) microeconomics, and (iii) neurophysiology and neuroeconomics. Through this broad, interdisciplinary approach to measuring and interpreting consumer behavior, the CCRI aims to advance thinking in the areas of public policy, financial education, and business operations.
For more information on the CCRI and its research, please visit Consumer Credit Research Institute - Official Site.
Read more about this topic: Encore Capital Group
Famous quotes containing the words consumer, credit, research and/or institute:
“Vice is its own reward. It is virtue which, if it is to be marketed with consumer appeal, must carry Green Shield stamps.”
—Quentin Crisp (b. 1908)
“If you want to be on good terms with everyone in this world, sell goods on credit and never ask for payment.”
—Chinese proverb.
“One of the most important findings to come out of our research is that being where you want to be is good for you. We found a very strong correlation between preferring the role you are in and well-being. The homemaker who is at home because she likes that “job,” because it meets her own desires and needs, tends to feel good about her life. The woman at work who wants to be there also rates high in well-being.”
—Grace Baruch (20th century)
“Whenever any form of government shall become destructive of these ends, it is the right of the people to alter or to abolish it, & to institute new government, laying it’s foundation on such principles & organising it’s powers in such form, as to them shall seem most likely to effect their safety & happiness.”
—Thomas Jefferson (1743–1826)