News tagged with credit card debt

A necessity or a danger? Why we love and hate our credit cards

A new University of Sydney study has revealed the full extent of Australia's love-hate relationship with credit cards and those who use them.

Other Sciences / Economics & Business

created May 21, 2012 | popularity not rated yet | comments 1

Childhood self-control predicts adult health and wealth

A long-term study has found that children who scored lower on measures of self-control as young as age 3 were more likely to have health problems, substance dependence, financial troubles and a criminal record by the time ...

Medicine & Health / Psychology & Psychiatry

created Jan 24, 2011 | popularity 5 / 5 (11) | comments 7 | with audio podcast

What, me worry? Young adults get self-esteem boost from debt

Instead of feeling stressed by the money they owe, many young adults actually feel empowered by their credit card and education debts, according to a new nationwide study.

Other Sciences / Social Sciences

created Jun 06, 2011 | popularity not rated yet | comments 6 | with audio podcast

How American consumers view debt: a case study

A new study published this month suggests that while younger Americans are more smitten with credit cards and debt than older Americans, the older generation helps enable their children by encouraging use of credit as a "safety ...

Other Sciences / Economics & Business

created Apr 19, 2011 | popularity 4.1 / 5 (8) | comments 4 | with audio podcast

Lost in translation: Credit card bill notes curb cardholders' monthly payments

Credit card customers are likely to pay less toward their credit card debt because their monthly bills display information about the minimum required payment amount, American and British researchers report in the Journal of ...

Other Sciences / Economics & Business

created Nov 07, 2011 | popularity 1 / 5 (1) | comments 4

Delving into the murky metrics of financial risk

(PhysOrg.com) -- The way J. Michael Collins sees it, United States consumers aren’t necessarily less informed about financial risk than consumers from other industrialized nations. What Americans do have, ...

Other Sciences / Other

created Feb 25, 2009 | popularity 4 / 5 (2) | comments 0

Cuts to rewards plans unlikely to hurt credit card use, study shows

What would happen if credit card holders no longer received rewards? Not much - but it could cut consumer credit card debt, says a new study on the impact of rewards programs on credit and debit card use.

Other Sciences / Economics & Business

created Jul 20, 2009 | popularity not rated yet | comments 0