Individual Factors Economic

Credit card ownership


Proportion of people age 15 years and above who answered "Yes" to "A credit card is a card that allows you to borrow money in order to make payments or buy things, and you can pay the balance off later. Do you, personally, have a credit card?" in a nationally representative survey.


Access to credit can allow individuals to invest in capital to increase their potential earnings later. Credit access may allow individuals to continue to have access to food even in times of income fluctuation.