Does Compulsive Buying Affect Credit Card Defaults?

N Alex. Joji and P. T. Raveendran

Vision, 2008, vol. 12, issue 4, 23-32

Abstract: Non-financial as well as financial factors force credit card customers into the unmanageable debt levels, leading to default. The research question is to ascertain the relative importance of the psychological and socio-cultural factors in categorising the credit card users as non-defaulters and defaulters. This study and its findings throw light into the non-financial factors to be looked into so as to increase the customer suitability in retail sale of a financial product like credit card. This can considerably reduce the risk of wrong selling of credit card and its offered services.

Keywords: Compulsive Buying; Retail Environment; Credit Card Usage Pattern; Credit Non-defaulters; Defaulters (search for similar items in EconPapers)
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/097226290801200403 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:vision:v:12:y:2008:i:4:p:23-32

DOI: 10.1177/097226290801200403

Access Statistics for this article

More articles in Vision
Bibliographic data for series maintained by SAGE Publications ().