"i'll always be in debt": Irish and UK student behaviour in a credit led environment

Journal of Consumer Marketing

Volumn 23, Issue 6, 2006, Pages 335-343

  O'Loughlin, Deirdre ^a   Szmigin, Isabelle ^b  

^a UNIVERSITY OF LIMERICK   (Ireland)

^b UNIVERSITY OF BIRMINGHAM   (United Kingdom)

Author keywords

Consumer behaviour; Credit; Debts; Ireland; Students; United Kingdom

Indexed keywords

EID: 33749411575     PISSN: 07363761     EISSN: None     Source Type: Journal    
DOI: 10.1108/07363760610701878     Document Type: Article

References (45)

1. Atkinson, A. and Kempson, E. (2004), Young People, Money Management, Borrowing and Saving, a report to the Banking Code Standards Board, Personal Finance Research Centre, Bristol, April.
2. Berwick, I. (2004), "The heavy burden of 'have now pay later'", Financial Times, 5 June, p. 28.
3. Braunsberger, K., Lucas, L. and Roach, D. (2004), "The effectiveness of credit-card regulation and vulnerable customers", Journal of Services Marketing, Vol. 18 No. 5, pp. 358-70.
4. British Bankers' Association (2004), Mortgage Lending and Consumer Credit Remains Strong, British Bankers' Association, London, 29 April, available at: www.bba.org/jsp/polypoly=3522 (December 2005).
5. Burton, D., Knights, D., Leyson, A., Alferoff, C. and Signoretta, P. (2004), "Making a market: the UK retail financial services industry and the rise of the complex sub-prime credit market", Competition and Change, Vol. 8 No. 1, pp. 3-25.
6. Callender, C. and Wilkinson, D. (2003), Student Income and Expenditure Survey: Students' Income, Expenditure and Debt in 2002/3 and Changes since 1998/99, Department for Education and Skills, London.
7. Carson, D., Gilmore, A., Perry, C. and Gronhaug, K. (2001), Qualitative Market Research, Sage Publications, London.
8. Central Bank (2004), Central Bank Monthly Statistics, Irish Central Bank, Dublin, April, available at: www.centralbank.ie/data/monthlystats/2004 (accessed October 2005).
9. Chien, Y.-W. and Devaney, S.A. (2001), "The effects of credit attitude and socioeconomic factors on credit card and instalment debt", The Journal of Consumer Affairs, Vol. 35 No. 1, pp. 162-79.
10. Christie, H., Munro, M. and Rettig, H. (2001), "Making ends meet: student incomes and debt", Studies in Higher Education, Vol. 26 No. 3, pp. 363-83.
11. Datamonitor (2004), Rising Consumer Debt, Datamonitor, London, May.
12. Davies, E. and Lea, S.E.G. (1995), "Student attitudes to student debt", Journal of Economic Psychology, Vol. 16 No. 4, pp. 663-79.
13. Denzin, N.K. and Lincoln, Y.S. (1994), Handbook of Qualitative Research, Sage, Thousand Oaks, CA.
14. Durkin, T. (2000), "Credit cards: use and consumer attitudes", Federal Reserve Bulletin, Vol. 86, September, pp. 623-34.
15. Financial Services Authority (2005), Helping Young Adults Become More Financially Capable, Financial Services Authority, London.
16. Griffiths, M. (2000), "The sustainability of consumer credit growth in late twentieth century Australia", Journal of Consumer Studies & Home Economics, Vol. 24 No. 1, pp. 23-33.
17. Hesketh, A.J. (1999), "Towards an economic sociology of the student financial experience of higher education", Journal of Education Policy, Vol. 14 No. 4, pp. 385-410.
18. Irish Banking Federation (2005), Credit Card Statistics, Irish Banking Federation, Dublin, available at http.ibf.ie/stats.html (accessed January 2006).
19. Kempson, E. (2002), Survey of Over-indebtedness, Department of Trade and Industry, London.
20. Kempson, E., McKay, S. and Willitts, M. (2004), Characteristics of Families in Debt and the Nature of Indebtedness, research report, Department of Work and Pensions (DWP), London.
21. Lea, S.E.G., Webley, P. and Bellamy, G. (1996), "Student debt: expecting it, spending it and regretting it", in Scott, A., Lewis, S. and Lea, S. (Eds), Student Debt: The Causes and Consequences of Undergraduate Borrowing in the UK, The Policy Press, Bristol, pp. 37-48.
22. Lea, S.E.G., Webley, P. and Levine, R.M. (1993), "The economic psychology of consumer debt", Journal of Economic Psychology, Vol. 14, pp. 85-119.
23. Lebens, W. and Lewis, A. (2001), "Are students serious bankers? The nature of the student-bank relationship in the UK and France", in Scott, A. and Lea, S. (Eds), Student Debt: The Causes and Consequences of Undergraduate Borrowing in the UK, The Policy Press, Bristol, pp. 93-108.
24. Lincoln, Y.S. and Guba, E.G. (1985), Naturalistic Inquiry, Sage, Beverly Hills, CA.
25. MABS (2002), "Debt - a social policy issue? towards a response at a national level", Proceedings from Money Advice Conference.
26. Miles, M.B. and Huberman, A.M. (1994), An Expanded Sourcebook Qualitative Data Analysis, 2nd ed., Sage, Thousand Oaks, CA.
27. Modigliani, F. (1986), "Life cycle, individual thrift and the wealth of nations", American Economic Review, Vol. 76 No. 3, pp. 297-314.
28. MORI (2003), Social Research Institute Polls and Surveys, MORI, London, 2 September.
29. Murphy, K. (2005), "Living on the edge", Irish Times, 27 April, p. 13.
30. Murphy, R.G. (1998), "Household debt and consumer spending", Business Economics, Vol. 33 No. 3, pp. 38-46.
31. Mustafa, M. and Rahman, M. (1999), "Growths in US consumer debt outstanding and major categories of consumer spending: macroeconomic implications from time series evidence", American Business Review, June, pp. 11-16.
32. Oxera (2004), Are UK Households Over-indebted?, Oxera Consulting, Oxford.
33. Palmer, T.S., Pinto, M.B. and Parente, D.H. (2001), "College students' credit card debt and the role of parental involvement: implications for public policy", Journal of Public Policy and Marketing, Vol. 20 No. 1, pp. 105-13.
34. Park, H.J. and Burns, L.D. (2005), "Fashion orientation, credit card use, and compulsive buying", Journal of Consumer Marketing, Vol. 23 No. 3, pp. 135-41.
35. Pinto, M. and Parente, D. (2000), "Materialism and credit card use by college student", Psychology Reports, Vol. 86 No. 2, pp. 643-53.
36. Ritzer, G. (1995), Expressing America: A Critique of the Global Credit Card Society, Pine Forge Press, Thousand Oaks, CA.
37. Rivard, N. (2002), "Money management 101 needed: credit card use is up among students: financial literacy down", University Business, Vol. 5 No. 9, p. 17.
38. Roberts, J.A. and Jones, E. (2001), "Money attitudes, credit card use and compulsive buying among American college students", The Journal of Consumer Affairs, Vol. 35 No. 2, pp. 213-40.
39. Ross, D. (2002), "Consuming fashions", Financial Management, Economics, March, p. 11.
40. Samson, N., Carey, R. and Mitchell, A. (2004), Young People and Financial Matters, Financial Services Authority, London, March.
41. Silverman, D. (2000), Doing Qualitative Research: A Practical Handbook, Sage, London.
42. Soman, D. and Cheema, A. (2002), "The effect of credit on spending decisions: the role of the credit limit and credibility", Marketing Science, Vol. 21 No. 1, Winter, pp. 32-53.
43. Warwick, J. and Mansfield, P. (2000), "Credit card consumers: college students' knowledge and attitude", Journal of Consumer Marketing, Vol. 17 No. 7, pp. 617-26.
44. Webley, P. and Nyhus, E.K. (2001), "Life-cycle and dispositional routes into problem debt", British Journal of Psychology, Vol. 92, pp. 423-46.
45. Zaltman, G. (1997), "Rethinking market research, putting people back", Journal of Marketing Research, Vol. 34 No. 4, pp. 424-37.