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Essay

Debt

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Issue:

English

 

Written by:

Kathy M

 

Date added:

May 30, 2015

 

Level:

 

Grade:

B

 

No of pages / words:

2 / 529

 

Was viewed:

890 times

 

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Essay content:

I'm ashamed to say that I was a sucker for this ploy. I went to Macy's to buy my fiance a couple of purses and was told I would save over $50 if I signed up for a Macy's card. I didn't think then about how I might have to pay back that amount in finance charges and fees; I just signed on the dotted line...
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There is no safe haven from other offers, either. Every week I probably get four or more offers mailed to my house. The internet is also flooded with banners, pop-ups, and ads raving about great credit card offers. Sadly, for most of us, something is going to catch our eye. Once you've signed up for a credit card, it's time to start blaming the high interest rates and fees for our nation's credit card debt problem...
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General issues of this essay:
Credit Card Debt in America Credit Card Debt Estimate of the risk-free rate pf interest ("U.S. 10-year Treasury" bond rate Strategy: The U.K. credit card industry in the late 1980's Before it's too late Sleeping Late Credit Card Debt Getting Out and Staying Out of Credit Card Debt It's not too late Late Adulthood Never To Late Too Late Late Adulthood It's Not Too Late Electronic Credit Card Payment Technology
 

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