TITLE

Balancing Act

PUB. DATE
June 2007
SOURCE
Convenience Store News;6/18/2007, Vol. 43 Issue 8, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses a study which concludes that credit-card usage has been steadily rising since 2003 in the U.S. The annual study conducted by Vertis Communications found 16 percent of total adults use three or more credit cards in 2007 in comparison to 10 percent of total adults surveyed in 2003. It states that the average monthly credit-card payment for cardholders increased from $500 in 2003 to $732 in 2007.
ACCESSION #
25433551

 

Related Articles

  • Getting carded. Zid, Linda Abu-Shalback // Marketing Management;Sep/Oct2005, Vol. 14 Issue 5, p6 

    This article presents results of a study of credit card holders conducted by Vertis marketing service provider. Offering points for merchandise or airline tickets might be the way to go when trying to get people to select a credit card. The study found that 22% of credit card holding respondents...

  • Credit Unions Ponder the Fate of Their Fixed-Rate Credit Cards. MORRISON, DAVID // Credit Union Times;7/22/2009, Vol. 20 Issue 29, p3 

    The article reports on the contemplation by credit unions in the U.S., which issue fixed-rate credit cards, whether to continue with the cards or follow the card issuing industry and adopt variable-rate cards. It informs that there is no clarity as to how many of U.S.'s about 4,000 card-issuing...

  • How an Offer of 'Free' Miles Can Take You for a Ride. Nadler, Paul // American Banker;2/18/2004, Vol. 169 Issue 32, p5 

    Customers who use a card to make two or more automatic payments are less inclined to switch cards. It makes you wonder why credit card companies spend so much time and money trying to get consumers to accept new cards. The author mentions his experience of changing his credit card. He got a call...

  • MasterCard: PayPass Issuance Surging. Wade, Will // American Banker;7/19/2006, Vol. 171 Issue 137, p7 

    The article discusses the growth of MasterCard Inc.'s PayPass contactless payment cards. To date, the company has issued almost 10 million PayPass cards and their popularity is growing. Three-quarters of the purchases made with the card are for $25 or less; the PayPass cards are seen as being...

  • Why Americans' Relationship with Credit Cards Has Changed Forever. Iacobuzio, Theodore // Americanbanker.com;1/07/2015, p4 

    The author discusses on the financial performance of banking industries concerning the relationship of American consumers behavior on credit card usage in the U.S. He outlines the reasons for American consumers who uses credit and debit cards depends on situational needs such as consumer goods,...

  • The 2008 Survey of Consumer Payment Choice. Foster, Kevin; Meijer, Erik; Schuh, Scott; Zabek, Michael A. // Research Review;Jul-Dec2009, Issue 12, p22 

    The article discusses the 2008 Survey of Consumer Payment Choice (SCPC) program which examines the role of consumers during the transformation of payment's transaction from paper to electronic devices in the U.S. Findings of the survey reveal that their selection of payment instruments have...

  • Variable rates interest customers.  // ABA Banking Journal;Feb92, Vol. 84 Issue 2, p7 

    Reports the preference of consumers on variable rate credit card with no annual fee in the U.S. Launch of Mastercard Visa by Commerce Bancshares; Percentage of credit card holders; Number of the grace period offered.

  • What To Do Now To Help Put A Bow On Your Card Program This Holiday. Kerry, Jennifer // Credit Union Journal;12/3/2012, Vol. 16 Issue 49, p34 

    The article offers tips for U.S. credit unions (CU) to make they their credit card program grabs a fair share of the holiday spending. It suggests giving consumers choices by giving them an attractive rate and using those rates to win new accounts. Offering members a credit line increase without...

  • It's the morning after for credit cards. Milligan, John W. // U.S. Banker;Apr97, Vol. 107 Issue 4, p55 

    Reports on how credit card issuers in the United States are now being faced with record loan charge-offs from deadbeat customers. Total number of card solicitations mailed by the industry in 1995 and 1996; Structural shift in the credit card arena; Increase in the number of Americans who filed...

  • Card world's new capital. Allard, Susan; Trott, Kathryn // U.S. Banker;Apr97, Vol. 107 Issue 4, p63 

    Opinion. Comments on the state of the credit card business in the United States. Transformation of the consumer credit and credit card industries by intellectual capital from inside and outside; Information revolution's modification of the way business is done; Purchase of First USA Inc. by...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics