The factors that influence the level of bankruptcy among credit card holders / Norhamizah Ahmad Rosli

The aim of this study is to examine the factors that influence the level of bankruptcy among credit card holders. There are three factors that have been
studied, which are gross domestic product, interest rate and inflation rate. The researcher took data for a period of 11 years starting from the year 2001 until 2011 from Data Stream. By using Simple Linear Regression Model, this study attempts to identify the most variable that most influences the level of bankruptcy among credit card holders. The findings come out from the study
show that, there are significant relationship between gross domestic product, interest rate and inflation rate with the level of bankruptcy among credit card holders. In order to curb with this problem, the government should tighten the
rules for the issuance of credit cards and stop advertisements for credit cards that are not transparent about the costs involved, thus seducing consumers to
sign up for them