scholarly journals Time Inconsistency in the Credit Card Market

2004 ◽  
Author(s):  
Haiyan Shui ◽  
Lawrence M. Ausubel
Keyword(s):  
Credit Card ◽  
Time Inconsistency ◽  
Credit Card Market

scholarly journals Credit Card Rates and Consumer Switch: New Evidence

2016 ◽  
Vol 8 (12) ◽  
pp. 95
Author(s):  
Omar A. Abdelrahman
Keyword(s):  
Interest Rate ◽  
Interest Rates ◽  
Credit Card ◽  
Percent Level ◽  
Empirical Finding ◽  
Credit Cards ◽  
Credit Card Market ◽  
The Ohio State University ◽  
Using Data ◽  
Level Of Significance

This paper investigates the underlying determinants of consumer’s choices regarding switching credit-card balances. To estimate the likelihood that consumers switch credit cards, two logit models are estimated. Using data from the Consumer Finance Monthly (CFM) of The Ohio State University, the author finds that at the conventional 5 percent level of significance, the following variables have significance: old interest rate, new interest rate, duration of the introductory rate, balances, number of credit cards, homeownership, and age. As expected, interest rates, balances, the duration of new introductory offer rates, and homeownership have the greatest influence on why or why not people switch credit cards. The findings are consistent with the view that consumers make rational decisions in the credit card market, challenging Ausubel’s (1991) argument of credit card consumer irrationality and Calem and Mester’s (1995) empirical finding that credit card rates are sticky because consumers are irresponsive to rate cuts.

scholarly journals The Issue and Risk Analysis of the Credit Card

2021 ◽  
pp. 615-617
Author(s):  
Dhartee Ghawale ◽  
Pratiksha Gharde ◽  
Ashvini Bagade ◽  
N. Lakshmanan ◽  
Prof. Omkar Dudhbure
Keyword(s):  
Risk Analysis ◽  
Credit Card ◽  
Credit Rating ◽  
Rapid Development ◽  
Rating System ◽  
Credit Card Market

In order to systematically evaluate credit card risk, opportunities for specific action and activity are used on paper. Based on the rapid development of the local credit card market, the current risks of the application and the issue of the credit card are discussed. With a credit card application using a credit card, a situation may arise where a customer may wish to repay the loan on time. In addition, the credit rating system, marketing and approval method, credit card overpayment, incentive orders and penalties, use management and other related angles are considered to solve the credit card risk problem.

scholarly journals The Effect of Demographic Variables and Ownership on Credit Card Market in Malaysia

2019 ◽  
Vol 10 (5) ◽  
pp. 359
Author(s):  
Gholamreza Zandi ◽  
Shaheen Mansori ◽  
Ong Boon Hai
Keyword(s):  
Marketing Strategy ◽  
Credit Card ◽  
Demographic Variable ◽  
Income Level ◽  
Demographic Variables ◽  
Education Level ◽  
Market Strategy ◽  
Gender Education ◽  
Credit Card Market

The aim of this research is to provide a framework for credit card providers to develop a better marketing strategy as well as business related to credit transaction by providing better understanding towards the effect of current individual demographic variable towards credit card ownership and usage in Malaysia. This research discusses the effect of significant demographic variables and ownership on the usage of credit card in Malaysia. The impacts of four key demographic variables are age, gender, education level, and income level on ownership and usage of credit card among credit cardholders in Malaysia. Whereas the income level has the strongest relationship among other demographic variables, it has to be taken into consideration by the credit card providers not just the ownership of credit card as well as the demographic variables while developing market strategy, particularly in Malaysia.

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