Date of Award:


Document Type:


Degree Name:

Master of Science (MS)


Family Consumer Human Development


Edith Nyman


Consumer credit knowledge of personal bankruptcy petitioners and sources used by the petitioners to gain consumer credit knowledge were investigated. Consumer credit knowledge was defined as any understanding which was found useful in solving problems related to consumer credit. Sources of consumer credit knowledge referred to classes taken, information which had been read, information heard on radio or television, and help received through personal counseling.

Subjects were selected from individuals whose personal bankruptcy cases were heard in the Bankruptcy Court for the District of Utah during the month of July, 1958. The sample consisted of the first 90 petitioners who were willing to participate in the research project.

Research data was obtained form three sources: (a) a consumer credit knowledge test, (b) a personal data questionnaire, and (c) the official bankruptcy petition.

Results indicate that this group of personal bankruptcy petitioners had low consumer credit knowledge (60 percent or less) as measured by their response to questions on a consumer credit knowledge test. The petitioners had used a low number of sources (two or less) to gain consumer credit knowledge.