CREDIT CARDS

Title: CREDIT CARDS
Category: Law & Government / Government & Politics | Words: 642 | Pages: 2.7 (approximately 235 words/page)

CREDIT CARDS

CREDIT MANIA The concept of credit was a brilliant idea. The ability to buy goods absent of currency could very well be one of the best ideas ever fathomed. The idea that obscene amounts of money could be made from the concept was even more ingenious, and thus began the credit warrior, a destructor awaiting another consumer’s spiral into debt. A spiral catching millions of youth annually; a spiral consuming the financial freedom of …showed first 75 words of 642 total…

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…showed last 75 words of 642 total…card provided that gift? Ultimately, the credit card user has bought their own initiation gift and supplied the company with enough surplus through interest rates for salaries within the company. Isn’t it ironic? Once again the average consumer did not get anywhere near “ahead of the game”. Credit card companies are always one step ahead, leaving the consumer so far behind that cheesy gifts and lame promos actually seem to compensate for the deception.

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