Credit card compulsions take many forms

April 18, 1993|By Knight-Ridder News Service

Credit card junkies come in many varieties, says Le Kirschbaum, president of Mid-Continent Agencies Inc., a debt-collection company in Glenview, Ill. Here are some examples:

* Compulsive Buyers. Purchase goods or services regardless of need. Since cash is limited, credit becomes the preferred tool.

* Revenge Spenders. Rather than cry, scream or engage in misconduct, they prefer a more subtle approach: They run up big bills to get even. Shopping sprees often come after an argument.

* Card Collectors. They have every card ever issued by a bank, department store or gas company. For them, plastic is a status symbol.

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