Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Providing Access to Affordable Credit to the Poor - Evaluating the Effectiveness of Credit Counseling for Building Assets

Providing Access to Affordable Credit to the Poor - Evaluating the Effectiveness of Credit Counseling for Building Assets

Birkenmaier, Julie

Paperback

General ArchitectureGeneral Political Science

ISBN10: 383642844X
ISBN13: 9783836428446
Publisher: Vdm Verlag
Published: Sep 17 2007
Pages: 216
Weight: 0.77
Height: 0.46 Width: 6.69 Depth: 9.61
Language: English
Asset building has become an increasingly important component of social welfare policy in recent years. For families seeking to build assets through home ownership, raising credit scores is often a key element of their prepurchase efforts. Low income and minority families in particular can struggle with poor credit scores and seek Homeownership Education and Counseling (HEC) services to assist them to raise their credit score and access affordable mortgage credit. This book examines the effectiveness of credit counseling within HEC services on credit scores. Quantitative data were gathered via preand one year post-counseling credit scores from 203 clients who obtained pre-purchase credit counseling. Qualitative findings from a focus group of HEC credit counselors shed light on the role of credit counselors in HEC services and difficulties encountered in interfacing with the sub-prime mortgage market. This book is addressed to community development, mortgage finance and public policy professionals and researchers.

Also in

General Political Science

View All