Consumers who are honest about their level of debt and join peer-supported debt counseling groups are more likely to get their finances in order than those who keep it a secret, according to a new study in the Journal of Marketing Research co-authored by Ivey Business School professor Miranda Goode.
Click here for original story, Fear of judgment is keeping consumers indebted, but a new study shows peer groups can help turn that around
Source: Phys.org