Credit Card Epidemic The silent epidemic brush the nation today is credit card abuse. As prices of goods gain faster than average wages, American families slide deeper into debt. In the meantime, the banks atomic number 18 flourishing from their desire to buy now and pay later. It is fearful how a small piece of plastic can be so dangerous. Society today almost requires people to canalise credit cards. In my opinion, credit cards are iodin of Americas familys most underrated problems. One could resume the banks encourage spending on impulse in ordination to secure their future.
The access to credit cards make it likely to make large purchases instantly. The banks set low minimum remunerations; however, by doing so all you pay on the account is interest. In turn, a consumer is opted to make a purchase on impulse only thinking of how much the monthly minimum payment will increase. The stores thrive on this type of spending, and even address credit customers with such offers in their advert...If you want to get a full essay, order it on our website:
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