Perceptions about Credit Cards

The present study seeks to identify the motivating factors of the respondents for using credit cards and to report the problems they are exposed to. Based on a pre-tested interview-schedule, with a sample size of 156 respondents, the empirical results have indicated principal and secondary benefits as influencing factors; and a significant relationship has been established between the demographics, impulsive&compulsive buying, and associated problems in accessing credit cards. Policy implications are derived, future research directions have indicated and it acknowledges few limitations.