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In today’s society, where the largest television screen and hottest pair of sneakers are many American’s priorities, credit card companies are capitalizing on the materialistic fever so many people seem to have. ... Credit card companies today invite impulsive buying by offering low interest rates the first 3 months and very minimal payments. ... Credit cards can be troublesome, especially when people charge more than their income allows.
Credit cards can be very dangerous if people do not use them wisely. ... Some credit card companies will allocate a high credit limit to customers and once they have exceeded that limit it can be hard to repay, especially with high interest rates. Most everyone gets credit card offers in the mail that say no interest for 60 days, but once they have people charging, it goes on your credit report until the credit card is paid off and until you close the account.
Approximate Word count = 705 Approximate Pages = 2.8 (250 words per page double spaced)
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