Scottish Students Create Handbag Designed to Stop People Overusing Their Credit Cards
November 24, 2015
A trio of students based in Dundee have designed a handbag that discourages users from spending money on their credit cards.
The bag, which its designers are calling a “unisex satchel”, is programmed to generate a deep Ray Winstone-like voice saying “don’t even think about it” and “put it down, put it back” when a credit card is taken out of the bag.
The innovative bag functions by having a dedicated credit card slot positioned beside a red light and a sensor that sets off the sound recordings that could potentially keep people from adding to their debts.
Kirsty Sneddon, Leanne Fischler and Rebecca Smith are the three fourth-year students behind the bag and they’re all studying at the Duncan of Jordanstone College of Art and Design in Dundee.
“As soon as you take the credit card out, it sends a signal and inside the bag we have a whole load of electronics which we coded ourselves using a platform called Arduino,” explained Fischler.
“It receives a signal when you take the credit card out and it tells the circuit board that the credit card’s moved and it starts to play sequences from our recordings,” she told BBC Scotland.
The bag is apparently designed to offer an initially polite reminder to a credit card user and say: “Don’t you think that’s a bit much?” Which is then followed up by a more discouraging “Oh, not again” if the bag’s user continues to reach for their credit card.
Eventually, however, the aim is to somewhat embarrass a credit card user and potentially deter them entirely from increasing their credit card balance and leading to potential debt problems.
The product is only designed as a conceptual piece and not as something that might go on to be mass produced but the students are nonetheless hoping their designs will get people talking.
“We’re all passionate about using design to create change and starting conversations,” Smith told the BBC. “We want people to see it and interact with it,” she said of the bag.
According to themoneycharity.org.uk, total UK credit card debt in September 2015 was £62.7bn – working out on average as £2,349 per household.
If you’re finding it difficult to limit your credit card spending and your debts are running out of control then you can get help and advice on how to start making positive changes by calling Scotland Debt Solutions.
Businesses will soon be banned from levying extra charges to customers who opt to pay for goods and services via either their debit or credit cards. The new rules are to be introduced by the British government from January 2018 and will prevent a wide range of companies from adding surcharges to card users as […]Read more
The Lloyds Banking Group has announced details of an overhaul to its policies around current account overdrafts and the associated charges and fees. Lloyds owns several of the UK’s leading high street banking operations, including the Bank of Scotland, and has millions of customers throughout the country. The group has said that it will abolish […]Read more
Guest article written by William Berry; an experienced personal debt adviser and Director at www.IVA.co.uk. For information on how IVAs work in Scotland, there is a similar process called a Trust Deed If you have unmanageable debt, an Individual Voluntary Arrangement (IVA) helps you repay as much money as possible to creditors over an extended […]Read more
The number of British consumers who defaulted on their credit card debts or their personal loans increased sharply in the three months to the end of June. According to the Bank of England, the number of instances of defaults reported by lenders “increased significantly” during the second quarter of the year. In fact, the jump […]Read more
When credit card companies make a decision about you as a potential customer, they use the information on the application form to assess your credit-worthiness, and establish the most appropriate level of credit to offer. This type of information includes your employment position, incomings and outgoings, and your previous history of debt repayment. They will […]Read more
Scottish Trust Deeds help eligible people in debt to repay as much as possible, with the remainder being written off at the end of the term – usually four years. Creditors vote on whether to accept the repayment arrangement, which becomes protected if they agree. It is an effective way to repay your creditors without […]Read more