Determinants of credit card debt of young adult in Ho Chi Minh city
Abstract
The target of this study is to find out about the affection of factors on credit card debt. Although there were several findings similar to this but in different context so this study is to adapt those previous findings to apply to the context here in Ho Chi Minh city. After two months of collecting data (N= 268), SPSS Statistic was used to analyze it. The outcome is that very few factors that affected on the credit card debt. In addition, these outcomes highlight the significance of interference within the credit card debt of young adult including work experiences and financial literacy as positive part of the models.