Nevada vs. U.S.

2018 Credit Card Shopping

NVUS
Compared cards36.137.8
Did not compare60.456.1

Nevada vs. U.S.

% Did Not Compare Credit Cards

NVUS
200961.362
201263.660.6
201553.858
201860.456.1
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Most Americans do not compare offers or collect information from more than one company when shopping for credit cards. This practice suggests a gap in applying financial decision-making skills to real life situations.

Not performing basic research when shopping for credit cards can result in higher interest rates and, consequently, higher borrowing costs.