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Essay

Credit Card Debt in America

Essay specific features

 

Issue:

Business

 

Written by:

Rose M

 

Date added:

December 25, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1576

 

Was viewed:

1217 times

 

Rating of current essay:

 
Essay content:

The bar got lowered and lowered to where, eventually, an 18 year-old college student with almost no income and nothing to base a credit score on previously could obtain a credit card (much like myself). The national credit card debt for families residing in the United States alone is in the trillions (Maxed Out)...
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The average American family has around $9,000 in debt, and pays around $1,3000 a year on interest payments (Maxed Out). Many people have the concern today that these interest rates and fees are skyrocketing; and many do not understand why. Most of these people have to try to avoid harassing collecting agents from different agencies, which takes an emotional and psychological toll on them...
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General issues of this essay:
Citibank: Launching the Credit Card Credit Card Debt in America Credit Card Debt Credit Card Ethics Credit Card and it's effect. credit card ethics The commoditization in the credit card industry Unethical Credit Card Practices Credit Card Alice In Credit Card Land Credit Card Debt Credit Card Epidemic Getting Out and Staying Out of Credit Card Debt Credit Card Addiction credit card secrets
 

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