cancel
Showing results for 
Search instead for 
Did you mean: 

Why We Overspend With Credit

tag
vanillabean
Valued Contributor

Why We Overspend With Credit

"The results suggest that consumers have been conditioned to associate credit card logos with consumption. Exposure to credit card logos may therefore stimulate craving, much like smelling fresh cookies stimulates hunger."

http://www.psychologytoday.com/blog/retail-therapy/201306/why-we-overspend-credit

Message 1 of 3
2 REPLIES 2
FinanceSage88
New Visitor

Re: Why We Overspend With Credit

Interesting read! It's so interesting how different things affect our minds/emotions in ways we don't even know.

Message 2 of 3
-Wade-
Valued Contributor

Re: Why We Overspend With Credit


@Anonymous-own-fico wrote:

"The results suggest that consumers have been conditioned to associate credit card logos with consumption. Exposure to credit card logos may therefore stimulate craving, much like smelling fresh cookies stimulates hunger."

http://www.psychologytoday.com/blog/retail-therapy/201306/why-we-overspend-credit


Thanks for the link

"Garden Club Member " Old user name newportguy*** Current Score: myFico EQ - 830 (07/16/2015) Discover TU Fico - 833 (09/03/2016) EX Fico - 839 ( 09/01/2016 ) ******* Amex - BCP 11.5K * Discover - IT 43.5 K * U.S. Bank Cash + Visa Signature 15.3 K * PenFed - Cash Rewards 15K *PenFed Power Cash 19K ** Amex - GDSM 10K ******FICO 800 Club Member ******* EQ 830 *** TU 833 *** EX 839 ***
****** Last HP & New TL was March 6th 2014 *** GOAL: No HP's or New TL's for 2 + years and 840's Scores ******
Message 3 of 3
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.