What is it about?
Credit cards become increasingly popular worldwide and affects the consumption patterns of people, sometimes leading to purchase excessively with impractical confidence which may result in stress among card users. This study investigates this timely issue.
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Why is it important?
Since the use of credit cards is becoming commonplace, understanding the major determinants of credit card use and its bad impacts such as indebtedness become more important.
Perspectives
Currently, credit cards have become increasingly popular and more frequently used than cash in purchases. However, still it is debatable that the credit card trend is beneficial or detrimental. This study examines some important aspects related to the use of credit cards.
Badra Galdolage
University of Sri Jayewardenepura
Read the Original
This page is a summary of: Unrealistic Optimism, Compulsive Purchasing and Debt-Stress among Credit Card Users in Sri Lanka, Sri Lanka Journal of Marketing, March 2021, Sri Lanka Journals Online (SLJOL),
DOI: 10.4038/sljmuok.v7i0.52.
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