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Credit Card and Debt Statistics Database
by Scott Bilker
Scott Bilker is the author of the best-selling books, Talk Your Way Out of Credit Card Debt, Credit Card and Debt Management, and How to be more Credit Card and Debt Smart. He's also the founder of DebtSmart.com. More about and DebtSmart can be found in the online media kit.
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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: 

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