The role of socio-psychological capital in the debt behavior of the individual

Abstract

Introduction.The article provides an analysis of the role of socio-psychological capital in different types of debt behavior: borrowing and lending, as well as fulfilling debt obligations.Materials and Methods.The study was carried out with the participation of 2 samples: N=1971 (45.0% males, from 18 to 54 years old, M=25.9; SD=5.6) and N=3022 (50.5% males; from 18 to 84 years, M=40.6; SD=11.8). Based on collected data, the respondents were divided into borrowers and non-borrowers, debtors and payers, lenders and non-lenders. Quantitative indicators of bonding and bridging social capital; social, institutional and generalized trust; global identity and identification with Russia were assessed. Data processing was done in SPSS 23.0.Results.Borrowers have a higher level of generalized and social trust and a higher level of global and civic identity than non-borrowers. Payers have a higher level of generalized and social trust, and trust in credit institutions than debtors. Lenders have higher level of all types of trust and a more pronounced global and civic identity than non-lenders. People with contrasting variants of different types of debt behavior do not differ in strong and weak social ties.Discussion and Conclusions.The results obtained are compared with the data of domestic and foreign publications. The conducted study contributes to the development of the concept of sociopsychological capital, supplementing it with data on the different level of trust and identity in people with different debt behavior.