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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)

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