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Credit when it's due : timely reminders help consumers reduce their credit card debt / Behavioural E...

Credit when it's due : timely reminders help consumers ...

Credit when it's due : timely reminders help consumers reduce their credit card debt / Behavioural E...

https://devfeature-collection.sl.nsw.gov.au/record/74VKapzlw3K3

Credit when it's due : timely reminders help consumers reduce their credit card debt / Behavioural Economics Team of the Australian Government, Commonwealth of Australia, Department of the Prime Minister and Cabinet.

About this item

Full title

Credit when it's due : timely reminders help consumers reduce their credit card debt / Behavioural Economics Team of the Australian Government, Commonwealth of Australia, Department of the Prime Minister and Cabinet.

Publisher

Barton, Australian Capital Territory : Commonwealth of Australia, Department of the Prime Minister and Cabinet, March 2019.

Date

Copyright 2019.

Record Identifier

74VKapzlw3K3

MMS ID

991024304959802626

Language

English

Formats

Physical Description

Physical content

1 online resource (41 pages) : colour charts.

Content type

text

Media type

computer

Carrier type

online resource

Publication information

Publisher

Barton, Australian Capital Territory : Commonwealth of Australia, Department of the Prime Minister and Cabinet, March 2019.

Place of Publication

Australian Capital Territory

Date Published

March 2019.

Access and use

Access Conditions

National edeposit: Available online Unrestricted online access

Licensed under Creative Commons. Attribution 4.0 International (CC BY 4.0) https://creativecommons.org/licenses/by/4.0

More information

Scope and Contents

Summary

Consumers who only make the minimum repayment on their credit card could be paying hundreds of dollars a year in high interest payments. To help, BETA partnered with the Treasury and Westpac to see if reminders could encourage consumers to pay earlier and save money. We found any type of SMS reminder resulted in a $134 (28 per cent) increase in rep...

Alternative Titles

Full title

Credit when it's due : timely reminders help consumers reduce their credit card debt / Behavioural Economics Team of the Australian Government, Commonwealth of Australia, Department of the Prime Minister and Cabinet.

Notes

General note

Includes bibliographical references (page 40)

System details note

Mode of access: Available online.

Identifiers

Primary Identifiers

Record Identifier

74VKapzlw3K3

Permalink

https://devfeature-collection.sl.nsw.gov.au/record/74VKapzlw3K3

Other Identifiers

ISBN

9781925364088 PDF

MMS ID

991024304959802626