Credit Cards

Many families have turned to credit cards to make up for lost income and purchase everyday necessities. With credit card fees and interest rates wreaking havoc on household budgets, families are experiencing long-term damage to their credit record. Latinos are also vulnerable to subprime credit cards. These cards typically carry much higher interest rates than credit cards granted to prime borrowers; they also come with extra fees and lower credit limits. These predatory lending practices continue to lead borrowers deep into debt.


Survival Spending: The Role of Credit Cards in Hispanic Households (report, 2010)
Landmines in the Credit Card Landscape: Hazards for Latino Families (fact sheet, 2009)
Latino Credit Card Use: Pitfalls of Safety-Net Spending (fact sheet, 2009)
Consumer Action Educational Brochures/Folletos Educativos de Consumer Action

  • NCLR Action Center
  • The Six Practices of High-Impact Nonprofits
  • The Truth About NCLR
  • NCLR Blog