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Unethical Credit Card Practices
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Written by:
Carlos S
Date added:
March 22, 2012
Level:
University
Grade:
B
No of pages / words:
12 / 3090
Was viewed:
2809 times
Rating of current essay:
Essay content:
This way they have a constant flow of revenue through the interest payments, late charge fees and over the limit fees. They have many practices and charges that most people don’t know exist and are helpless to combat. The credit card industry has gone unchecked for way too long. The credit card industry lures you in with deals and rates that appear to be great bargains but are often misleading...
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Consumers should beware and always read all of the fine print and terms and conditions. If you proceed carefully though there are times that you can use the credit card companies to your advantage, but be careful it is easy to slip into the habit of saying I’ll pay it off next month and carrying the debt way longer than expected...
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