Credit Card Usage Among Youth: Are They Using It Responsibly?
Journal Title: Saudi Journal of Business and Management Studies - Year 2017, Vol 2, Issue 10
Abstract
Abstract:The aim of study is to find out the way credit cards are being used by young people, based on a series of recommendations suggested by Mexico´s National Commission for the Protection and Defense of Financial Services Users (CONDUSEF for its acronym in Spanish). Also, the paper aims to know if this population has the necessary information to use their credits in a responsible way, because the data from the research by Solano et al. (2015), which identifies the “Determinants of credit card use in Mexico”, lead us to question the role of financial education or lack of it among young Mexicans. Thereby, real tests are carried out to corroborate the afore-mentioned, by means of a survey applied to the young people from Veracruz-Boca del Río metropolitan area. Keywords:Credit card, college students, consumption habits, financial education, indebtedness, interest rate, usage of credit card
Authors and Affiliations
Jésica J, Ramos-Hernández, Arturo García-Santillán, Ileana Karen Juárez-Sosa, Elisama García-Vega
Keywords
Related Articles
- EP ID EP395880
- DOI -
- Views 116
- Downloads 0
Personnel Performance Analysis: Leadership, Work Discipline and Organizational Commitment (A study of KODAM Transportation Unit Personnel I / Bukit Barisan)
Abstract:The performance of personnel of KODAM I / Bukit Barisan communications unit is influenced by many factors. This research analyzes the influence of Leadership, Work Discipline, and Organizational Commitment to Pe...
Inclusive Sustainable Growth through Rational Water Resource Management: Efforts of Government of India
Abstract: Water (‘the elixir of life’) is a basic need for life of all living organisms. Though the earth’s water resources are abundant and renewable, 97% of water is saline and only 3% is fresh. Humans use water for 1....
Econometric Analysis of Foreign Direct Investment and Terrorism in Pakistan
Abstract: This study will analyze the impact of terrorism on foreign direct investment in Pakistan. Since Pakistan become non-Nattoalley and play a vital role in “War of terror”, this also affected foreign direct investm...
Effect of E-Paper Subscriptions on Revenue Performance of the Standard Media Group Limited, Nairobi, Kenya
Abstract:Content digitization is a current phenomenon that has had a huge impact on traditional media. The era of globalization has had significant effect on the way media houses the world over strive to reach their audi...
Global Financial Crisis and Its Impact on the Economy of Oman
Abstract:The effects of the financial crisis in America, which happened to be spoken as one of the most advanced countries, spread from there to the other countries of the world and none were spared of its effects. For s...