Plastic panic
Americans are more likely to discuss their sex lives, their salary, weight, religious views and even the death of a loved one before they are willing to talk about their credit card debt.
Those are the findings of a poll conducted by GfK Roper Public Affairs and Media for CreditCards.com. More than eight out of 10 respondents said they are reluctant to talk about their credit card debts with someone they just met.
Here, in order, are the topics respondents said they would be somewhat or highly unlikely to discuss with a new acquaintance:
- Amount of credit card debt
- Your love life
- Your salary
- Your mortgage, rent payment
- Your health
- The death of a loved one
- Your weight
- Your religious views
- Your political views
- Your age
- Gas prices
- The weather
Nearly one-third of respondents said they carry a balance on their credit card, the survey showed.
These numbers aren’t all that surprising, but it’s unfortunate that many consumers have trouble controlling their credit card debt, which may be the most insidious form on consumer debt. If you have some extra money, such as that government stimulus check, use it to pay down your credit card debt. It’s the best return on your money available. Don’t be shopping for a stock or mutual fund if you’ve got credit card debt. Pay it off.
My question is: where the heck are these people who are reluctant to discuss gasoline prices and the weather? They seem to be clustered around these parts.
Don Mecoy
Business Writer
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