ways: A debt effect increases credit card spending, while a credit effect leads to higher credit limits. In the short run … crisis, the credit effect exceeded the debt effect in the long run, pushing down long-term utilization. In our sample period … after the financial crisis, the debt effect dominated in the long run, and credit card utilization rates rose upon the …

consumers revolve credit card debt while also keeping liquid assets as bank account deposits. This scenario is very common: 42 …, borrower-savers' credit card debt exceeded their liquid assets. The average borrower-saver carried almost $6,400 in unpaid … credit card debt and had $5,400 in liquid assets, including checking and savings accounts, cash, and general-purpose prepaid …

card debt. Although each personality trait is correlated with each of the financial outcomes we examine, they mostly become … statistically insignificant when we control for demographics and income in regressions. Carrying credit card debt (revolving … conscientious, more open to experiences, or more agreeable are significantly more likely to revolve credit card debt. A machine …

temporary negative effect on debt balances, credit limits, and the number of delinquencies, and did not affect credit scores …. The decreases in debt balances and credit limits were likely driven by a decline in credit demand when the affected …