Credit Card and Debt Statistics Database
by Scott Bilker |
Public Opinion Towards Credit Cards |
In a 1977 survey, 27 percent of people said using credit cards was "bad" for consumers. By 2000, that number jumped to 51 percent, according to Fed research, and 41 percent agreed we'd all be better off if credit cards didn't exist. |
|
Categories: |
Credit Card,Public Opinion |
|
Reporting Pub: |
Newsweek |
|
Reporting Date: |
8/27/2001 |
|
Article
Title: |
Maxed Out |
|
Article
Author: |
Daniel McGinn |
|
Pub's Source: |
Federal Reserve Board |
|
Source
URL: |
|
|
|
|