News Column

Americans More Addicted to Credit Cards Than Chocolate, Pizza Or Beer, According to CardRatings.com

June 23, 2014



Foster City, Calif. (PRWEB) June 23, 2014

Credit cards are a staple of the United States economy, but a new survey from CardRatings.com reveals that they are even more engrained into society than common American novelties such as pizza, beer, chocolate and even sex.

The survey, conducted by Op4G for CardRatings.com the leading comprehensive free source for comparing credit card offers asked 2,000 Americans how long they could go without certain foods, drinks and activities, with the options of one day, one week, one month, one year or longer or I don't do this.

Here are the percentages of people that said they couldn't or aren't comfortable to go more than one day without :



Drinking beer 5.25 percent

Eating pizza 5.35 percent

Eating chocolate 11.05 percent

Having sex 13.0 percent

Using your credit card 14.9 percent

Checking Facebook 24.0 percent

Watching television 35.1 percent

Using a cell phone 57.3 percent

Using a computer or tablet 59.25 percent

"The results show that people are more connected to their devices than ever, but the credit card is still an important device in Americans' financial lives," said Amber Stubbs, managing editor of CardRatings.com.

While 43.85 percent of respondents said that they could go longer than a week without using their credit cards, more responded that they could abstain from pizza (68.3), chocolate (53.45), beer (46.35) and even sex (48.65). This begs the question: Are Americans addicted to their credit cards?

"With mobile payments and banking becoming more popular, consumers can use their credit cards everywhere it seems," said Stubbs. "And according to Federal Reserve data they are, as credit card spending by consumers jumped by $8.8 billion in April."

You can view the full results at http://www.cardratings.com/credit-cards-calories-and-computing-americas-modern-addictions.html.

About CardRatings.com

CardRatings.com is the leading comprehensive free source for comparing credit card offers. The site has been educating consumers, publishing news and providing expert advice on credit cards and debt since 1998. CardRatings.com offers consumer reviews of credit cards and issues an annual ranking of top-rated cards in a variety of categories to help consumers find the credit cards best suited to their needs, get the best credit card rates available and effectively lower their debt. CardRatings.com, of Little Rock, Ark., is owned and operated by QuinStreet, Inc. (NASDAQ: QNST), one of the largest Internet marketing and media companies in the world. QuinStreet is committed to providing consumers and businesses with the information they need to research, find and select the products, services and brands that best meet their needs. The company is a leader in ethical marketing practices. For more information, please visit QuinStreet.com.

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Read the full story at http://www.prweb.com/releases/2014/06/prweb11965498.htm


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Source: PR Web


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