This website uses cookies to ensure you have the best experience. Learn more

College Students Perception In Using Credit Cards

809 words - 4 pages

Our first question showed a result that out of the surveyed students in De La Salle Lipa 55% of them were male and 40% of the female had a credit card while 5% of the female surveyed did not. All in all 95% owned a credit card and the remaining percent don’t have some any credit card.Our first question showed a result that out of the 40 De La Salle Lipa surveyed students 55% of them were male and 40% of the female had a credit card while 5% of the female surveyed did not.Out of the 55% male respondents that have or had a credit card 72.38% of them owned a credit card before entering college, while the other 37.50% obtained their first credit card after entering college, while out of the 40% of the female respondents, 62.5% of them owned a credit card before beginning college and the other 27.27% obtained their first credit card after entering college.
With these results the researchers can say that the majority of the researcher’s respondents had owned a credit card before entering De La Salle Lipa.We can infer from the results that the majority of first and second year students had obtain their credit card before entering college and the only year that has majority in having a credit card after entering college is the Third year.
As evident to the results the male respondents, 9% always used their credit card we can infer from this that these male students who always use their credit card most likely used their card for every day purchases. 50% of them answered sometimes which we can say they only use their card in emergencies or dire situations. 22.72% answered often meaning they are close to using their credit card for every day purchases. Lastly 18.18% response was never meaning these male students will only use their credit card for emergencies. The graph shows that out of the female respondents, 6.25% answered always which means they are using their credit card for everyday purchases or they prefer pay with card rather that cash. 43.75% of the respondents answered sometimes meaning they only used it as a last resort while 31.25% responses was often these people are close to using their credit card every day. And lastly 18.75% answered they have never used their credit card which means they intend only to use their card for emergency purposes only.
With...

Find Another Essay On College students perception in using credit cards

Credit Card Debt Among College Students

2385 words - 10 pages college student had a credit card debt of $2,226, 14% had balances between $3,000 and $7,000, and 10% had balances exceeding $7,000 (Palmer, Pinto, & Parente, 2001). Due to the significance of the conflict and the statistics provided by the Nellie Mae Corporation, there are a number of ideas to consider regarding credit card solicitation. One of the leading issues associated with many college students having and using credit cards is due to the

Credit Card, Enemy or Friend of College Students

1165 words - 5 pages offered by numerous credit-cards company, as a result, students keep ahead on spending future money and develop an improper sense of security. Secondly, increasing numbers of college students have to declare bankruptcy because of inability to clear the amass levels of debts. When students find that they cannot afford to repay the debts, they will simply obtain new loads to repay old debts. Their total debts will, as a result, snowball. In Hong

Depression In College Students

1423 words - 6 pages American college students report having symptoms of depression. College is supposed to be a time of growth, learning and self-discovery. What factors play a contributing role to the rates of depression found in college students? Research by Nyer and colleagues (2013) has suggested that sleep disturbances and anxiety contribute to depression-like symptoms in students. Another study conducted by Xueting, Hong, Bin and Taisheng (2013) found that students

Mental Depression in College Students

2049 words - 9 pages Throughout the decade, many studies and inspections were been conducted on various facets of Depression1.This situation outlines the assests of how College students percieve their experice in College as Perfectionism2 [and] Anxiety3 come into par in the result of Depression (Flett, Endler, Tassone, & Hewitt, 1994). In thier diagnose, Dunkley, Blankstein,et.al, report that investigation [in]the role of perceived social support, [represent a

College Students Prefer Sleeping In

789 words - 3 pages Most college students prefer to sleep in rather than to get up early. Getting up early can mean grumpy, irritable, and most importantly, tired students. The earlier classes are the earlier students have to wake up. Most people function better later in the day, rather than early in the morning. Therefore, by sleeping in you get more rest and you wake up ready for the day ahead of you. When college life begins it seems as if you are in a

Sleep Depravation in College Students

1881 words - 8 pages Literature Review College students are some of the most active and stressed individuals in today’s society. Social pressures and scholastic achievement keep this population at a constant state of exhaustion. College students are apt to put sleep at the bottom of their to-do lists without giving further consideration largely due to full schedules. College students often do not understand the importance sleep has for their mental, physical, and

Sleep Deprivation in College Students

1277 words - 5 pages of all-night cramming sessions and those late nights partying causing students to be sleep deprived could lead to a variety of problems like stress, long term insomnia, and a weakened immune system. The transition from life in high school can be problematic for the majority of students. Most of their days in high school were on a very structured schedule, but moving on to college where you are relying completely on your responsibility

Societal Impacts of Implementing Chip Technology in Credit and Debit Cards

1721 words - 7 pages understanding of the ‘Societal Impacts’ of Using of Chip Technology for Credit and Debit cards’ has broadened as I have progressed in my research. This progress report has updated you on the status of my research on the points: Societal Impacts on Consumers, business and banks with regard to implementation of chip technology for credit and debit cards in USA. I am on schedule and should complete the report by the given deadline. Works Cited

Stress Relief In College Students

1482 words - 6 pages , nauseous and can make the person feel like they are having a heart attack. (para 3). Stress highly affects college students. College students are mainly stressed about tuition fees, exams, assignments, projects, and future job success. There are ways that stress can be decreased or even eliminated. Three ways that stress can be reduced are one you can reduce it by meditating or doing yoga. The second way that stress can be reduced in listening to

Reasons behind Students Failing in College

786 words - 4 pages ” (Pickhardt). Students take advantage of the freedom they possess which in turn leads to uncompleted tasks. A college student’s peers influence how they manage their free time and disrupts how a student balances school, work, and hobbies. Many students have poor time management that can lead to procrastination, which affects students’ performances in college. To make up for the lack of planning, students may plagiarize to get credit in the course. A

The effects of alcohol in College Students

1436 words - 6 pages On college campuses across America, the use of alcohol has been an topic in need of explanation for many years. The concept will be explaned with emphise on the negative effects of hooch. Alcohol in cardio-sport athletes is especially harmful. But at any rate the negative concepts apply to all student. Besides the fact that a large number of students are underage when they drink, alcohol can put students in dangerous situations and give them a

Similar Essays

College Students Perception In Using Credit Card

798 words - 4 pages Credit cards were not always been made of plastic. There have been tokens made from metal coins, metal plates and celluloid, metal, paper, and now mostly plastic cards. American Express issued their first credit card in 1958. Bank of America issued the Bank Americard (now Visa) bank credit card later in 1958. Presently some college students have credit card already which some use for emergency purposes and while others use it as a substitute for

The Negative Impact On College Students With Credit Cards

1311 words - 5 pages The Negative Impact on College Students with Credit Cards To have credit card debt as a adult with a stable job is one thing but to be a struggling college student with it is another. Credit card debit now has a major effect on college campuses as well. A lot of students are able to take care of credit cards well while most end up in a lot of debt. The main reason for this is because the student’s aren’t given enough knowledge on paying their

Persuading Students To Use Credit Cards And Financial Aid Responsibly

1240 words - 5 pages Barrow College student must recognize is that filing bankruptcy in order to get out paying for their student loans is never a good idea. Reneging on a debt will simply insure that it will become harder for the students after us to get a student loan. Credit card companies will become weary of issuing credit cards to college students due to the high risk of non-payback. Filing for bankruptcy in other words, will simply help jack up the price of

The Pros And Cons Of Using Credit Cards And Debit Cards

3688 words - 15 pages benefits and rewards that we can get if they use credit cards. Nowadays, people try to stay informed of the benefits before buying or using the products so that they will be encouraged to buy or use it. This just shows why we got this as the highest results in our survey. College of Business students also agreed that “carrying credit cards and debit cards are easier than carrying cash” (WM: 4.06). This is because credit cards and debit cards could