Credit Cards

“I can afford to get ripped off,” Stephen Colbert informed Demos’ Tammy Draut back in May 2009 “I think it’s the poor people who can’t afford to get ripped off who are ruining this for everybody.” The joke hit the mark, but Comedy Central’s satirical...
05/22/2012
Blog
Signed into law on May 22, 2009, the Credit CARD Act has benefited millions of households in ways that directly affect their monthly budgets. Demos’ 2012 National Survey on Credit Card Debt of Low- and Middle- Income Households finds that the Credit CARD Act empowers Americans to...
05/22/2012
Data Byte
NEW YORK – On the third anniversary of President Obama’s signing the Credit Card Accountability Responsibility and Disclosure Act of 2009 (Credit CARD Act) into law, a new national survey from policy center Demos shows that average debt has declined and new regulations are benefiting millions....
05/21/2012
Press Release
Soccer moms, NASCAR dads, Reagan Democratsand evangelicals have all been key voter blocs in past elections. This time around, "people in debt" may be a group candidates target if they want to be elected. Some Republican presidential candidates might face a losing battle among student debtors, where...
02/27/2012
News/Resource
Young adults can ill-afford expensive medical costs. As they wipe out savings, young people turn to credit cards to pay their medical bills.
11/03/2011
Data Byte
Student loan debt continues to increase rapidly. For the first time, total student loan debt has surpassed the amount of credit card debt.
11/02/2011
Data Byte
Young adults can ill-afford expensive medical costs. As they wipe out savings, young people turn to credit cards to pay their medical bills.
11/02/2011
Data Byte
  If your personal debt has increased in the last four years, has that been increased credit card debt, mortgage debt, school loans, a car loan, other personal loans, taxes, medical bills, or something else? (accept all that apply)
11/02/2011
Data Byte
In the Red or In the Black? looks at whether household savings serve to protect families from incurring unsecured debt, and in turn, whether the presence of unsecured debt acts as a barrier to savings and wealth accumulation.
08/08/2011
Publication
Consumer borrowing can be a powerful sign of economic confidence, an indication that households are feeling flush and assured of their future ability to pay back debt without undue difficulty. So when the Federal Reserve reported late last week that Americans borrowed more this June than they had...
08/08/2011
Blog
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