An Interview on General Opinion on the Increased Consumer Debt

AnInterview on General Opinion on the Increased Consumer Debt


AnInterview on General Opinion on the Increased Consumer Debt

Theinterview was set to investigate the general household opinion on theincreased consumer debt. The researcher asked a number of questionsin an attempt to gather evidence about the research question. First,he posed the questions “what is the general opinion of theincreased consumer debt in the country?” This particular questionwas intended to determine whether the interviewed was aware of thedebate the increased consumer debate. Additionally, the question wasmeant to elicit opinion on the research question.

Thesecond question sought to find out possible factors that would haveinitiated the increase in household debt. Adopting the cause andeffect theory, the researched was certain that several factors hadinitiated the increase. Therefore, this question intended to solicitinsights on the factors which can explain the increase in householddebt. The severity of recession, banks’ policy to tighten lendingstandards and slow mortgage debt pick up due to many homeownerslosing their homes to foreclosures, are some of the reasons for theincreased household debt.

Moreover,the question, ‘to what extent are individual households exposed tohousehold debts?’ was meant to establish various ways in whichindividual households resort to borrowing. Generally, increasedconsumer debt can come in the form of student loans, mortgages,credit card spending, auto loans, among other loans. Furthermore, theresearch designed a fourth question (what is your opinion on theimpact of increased consumer debt on individual freedom?). It wascarefully designed to find out how the increased consumer debt limitsindividual freedom. Finally, the fifth question sought to generate anumber of measures that can be suggested to help deal with individualconsumer debt.

Asan interviewer, the researcher took a number of considerations withregard to the interview context. For instance, the researchedacknowledged the interviewee’s perception that the topic at handwas sensitive enough to impact on feelings, attitudes, views andvalues of the participants. This necessitated the interviewer to bemore sensitive in order to avoid emotions to cloud the process.Additionally, the researcher acknowledged that the participants weremere students who might not have been directly affected by theresearch problem. This factor worked because there were no emotionalresponses. Moreover, the researcher considered the demographicfactors of the participants. This led to diverse and comprehensiveinsights about the research problem.

However,the researcher considered several issues which failed. For instance,he held that the participants were well informed about the researcherproblem. This was not the case since some of the participants werenot well informed about the concept hence they could notconceptualize the research problem adequately. In future interviewsessions, the research ought to conduct a prior survey of the studyuniverse to establish how it is informed about the research problem.This will enable the research arrive at a representative sample thatis relatively informed about the theme of the study.

Therewas an instance where a participant seemed nervous hence attempted toquit the interview process. As an intervention strategy, the researchmaintained eye contact, subtle tone and a relaxed environment to calmthe participant and empower him to actively take part in the study.Nonetheless, the researcher observed the rule of tongue-taking. Thisenabled the researcher desist from dominating the interview as wellas cutting short the participants. This strategy scaled the rhythm ofexchange of the messages between the interviewer and theparticipants.