Please use this identifier to cite or link to this item:
http://arks.princeton.edu/ark:/88435/dsp01bc386n102
Title: | The Challenge of Credit Card Debt for the African American Middle Class |
Contributors: | Ruetschlin, Catherine Asante-Muhammad, Dedrick |
Keywords: | Credit cards—African Americans—Management Consumer credit—African Americans—Management |
Issue Date: | Dec-2013 |
Publisher: | National Association for the Advancement of Colored People |
Place of Publication: | Baltimore, Md. |
Description: | For many people, credit cards become a “plastic safety net” to replace dwindling incomes, private assets, and social investments, and to help families stretch their resources when paychecks and savings are not enough. We find that under difficult economic conditions many African American families rely on credit cards to make ends meet or invest in their future—despite paying high interest rates and suffering more negative consequences of debt than other groups. |
URI: | http://arks.princeton.edu/ark:/88435/dsp01bc386n102 |
Related resource: | https://www.naacp.org/wp-content/uploads/2016/04/CreditCardDebt-Demos_NAACP.pdf |
Appears in Collections: | Monographic reports and papers (Publicly Accessible) |
Files in This Item:
File | Description | Size | Format | |
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CreditCardDebt-Demos_NAACP.pdf | 424.08 kB | Adobe PDF | View/Download |
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