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SAN DIEGO, Dec. 5, 2011 /PRNewswire/ -- Encore Capital Group (NASDAQ: ECPG) today announced the launch of the Consumer Credit Research Institute (CCRI). The CCRI is a research organization dedicated to better understanding financially distressed consumers' decisions, choices, and activities in order to promote financial literacy, create new knowledge about this growing segment of the population, and develop innovative ways to support household financial recovery. The CCRI will take a scientific approach to understanding the ways in which consumers get into financial trouble, and may point to consistently better ways to break the chronic debt cycles that can lead to ongoing financial distress," said Christopher Trepel, Ph.D., Managing Director of the CCRI and Encore's Chief Scientific O...
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