Unethical Credit Card Practices

Essay specific features

 

Issue:

Business

 

Written by:

Carlos S

 

Date added:

March 22, 2012

 

Level:

University

 

Grade:

B

 

No of pages / words:

12 / 3090

 

Was viewed:

2727 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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