The revolving credit available to consumers changes substantially over the business cycle, life cycle, and for … individuals. We show that debt changes at the same time as credit, so credit utilization is remarkably stable. From ages 20 …-40, for example, credit card limits grow by more than 700 percent, and yet utilization holds steadily at around 50 percent. We …

borrow on their credit cards, adding to their existing debt. Thus the cost of relying on credit cards is likely very high for … drop in income from one year to the next, like one resulting from a layoff or a government shutdown, increased their credit … card borrowing. We do not find evidence that a negative income shock raises consumers' likelihood of revolving on credit …

payments, which may leave the household more exposed to other shocks. We find that this change affects credit card use in two … ways: A debt effect increases credit card spending, while a credit effect leads to higher credit limits. In the short run …, a new mortgage acquisition has a robust and statistically significant positive effect on credit card utilization - the …

as faster payments or central bank digital currency, become available to consumers in the future. …

consumers are more likely to pay bank account or credit card fees, and how payment behavior varies depending on paying such fees …. We find that the probability of paying several types of bank account and credit card fees is correlated with consumers …Banks impose a variety of account fees, and credit card issuers impose a variety of fees related to card usage. Using …

effect on bank credit decisions because actual credit limits are almost always substantially lower than reasonable ATP limits … unimportant for credit limit changes from either a regulatory or bank profitability standpoint. …In consumer credit, "ability-to-pay" (ATP) rules require lenders to consider whether the consumer can repay a loan …

We study the bancarization of marginal borrowers using credit cards and document that this process is difficult …

a randomized control trial in the credit card market for a large population of indebted cardholders. We find that …

We estimate a two-stage Heckman selection model of credit card adoption and use with a unique dataset that combines … administrative data from the Equifax credit bureau and self-reported data from the Survey of Consumer Payment Choice, a … consumer behavior. We find that credit card revolvers have lower income and are less educated than other cardholders. Although …