 The Credit Card Use and Debt: Is there a trade-off between compulsive buying and ill-being perception?Kelmara Mendes Vieira, Marta Olivia Rovedder de Oliveira and Franciele Inês Reis Kunkel Journal of Behavioral and Experimental Finance, 2016, vol. 10, issue C, 75-87 Abstract: The differential of this paper is to consider that compulsive buying and ill-being perception constructs act in opposite dimensions on credit card use and debt. While compulsive buying leads the individual to a higher credit card usage and therefore more debt, the perception that future financial problems would cause ill-being acts as a controlling force of the credit card use and consequently of the debt. Besides the model development, this study aims to evaluate if the model is suitable for men and women. A survey was conducted with 1831 individuals of three regions of Brazil. Results support the idea that in the purchase decision-making process with credit card, two forces act in opposite directions, while the compulsive buying stimulates usage and debt, the ill-being perception discourages it. However, this trade-off is unbalanced, because the impact of compulsive buying’s coefficients is superior to the ill-being perception ones. Keywords: Credit Card Use; Credit Card Debt; Materialism; Compulsive buying; Ill-being; Structural Equation Modeling (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:beexfi:v:10:y:2016:i:c:p:75-87 DOI: 10.1016/j.jbef.2016.03.001 Access Statistics for this article Journal of Behavioral and Experimental Finance is currently edited by Michael Dowling and Jürgen Huber More articles in Journal of Behavioral and Experimental Finance from Elsevier |
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