Infographic: Most people won't discuss credit card debt
It's a more-uncomfortable topic than sex, religion, politics
Credit card debt is the subject people least want to discuss with a stranger, according to a CreditCards.com poll fielded in March 2013 by GfK Roper Public Affairs and Corporate Communications.
Credit card debt, which 85 percent of respondents said they were "unlikely" or "somewhat unlikely" to discuss, narrowly beat out love life details (at 84 percent) as the most uncomfortable topic. This mirrors CreditCards.com's findings in its 2008 survey, when 80 percent of respondents said they were not comfortable talking about debt. In both surveys, other topics that consumers would be more at ease discussing than debt included salary, housing costs, health problems, weight, politics and religious views.
Young people are a bit more open about debt, according to the survey, which polled 1,005 interview subjects by random-digit dialing both land lines and cellphones. While 87 percent of those between the ages of 50 and 64 said they'd be reluctant to discuss credit card debt, 79 percent of those between the ages of 18 and 24 said the same.
See related: Poll: Card debt the No. 1 taboo subject
To use the graphic on your site, use the following code:
- Many holiday shoppers would give up their data for discounts – A new survey shows the share of U.S. consumers who are reluctant to give up their data to a store for a holiday discount has fallen since last year, despite high-profile data breaches ...
- Study: Millennials outdoing parents, grandparents on smart money moves – A new study shows millennials are outdoing their parents' and grandparents' generations when it comes to keeping spending and debt in check ...
- Millennials go mobile to manage their money – and check their credit scores – Nearly half of U.S. millennials use their smartphones to check their credit scores. And a majority of young adults use their phones for a variety of other financial activities ...