Curated News
By: NewsRamp Editorial Staff
April 18, 2025
Consolidated Credit Collaborates on Research Paper with Nova Southeastern University
TLDR
- Gain insights on consumer credit card usage for entertainment to strategize effective marketing campaigns.
- Research explores the link between credit card use and consumer factors like age, income, and personality traits.
- Study sheds light on non-essential spending with credit cards, aiding in developing solutions for financial stability.
- Discover how consumer behavior intersects with credit usage in a global academic study on financial psychology.
Impact - Why it Matters
Understanding the link between credit card use for entertainment and consumer behavior is crucial in addressing financial instability and rising debt levels. This research sheds light on the importance of financial education in managing consumer debt and offers valuable insights for developing effective interventions.
Summary
Consolidated Credit, along with April Lewis-Parks and William Wolf, collaborated with Dr. Albert Williams from Nova Southeastern University on a research paper exploring credit card usage for entertainment. Published in the Journal of Academy of Business and Economics (JABE), the study delves into the relationship between non-essential spending and various consumer factors, offering insights on consumer debt amid changing economic landscapes.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Consolidated Credit Collaborates on Research Paper with Nova Southeastern University
