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credit card secrets
Essay specific features
Written by:
Donald A
Date added:
September 7, 2015
Level:
University
Grade:
No of pages / words:
3 / 572
Was viewed:
1746 times
Rating of current essay:
Essay content:
Basically if someone needs money to purchase something when they don't have the funds readily available, that person i.e. Bank or Loan Company wants a PERCENTAGE of what you borrowed added in return. Also known as simple interest. And as this DISCOVERY emerged in other cities throughout the country, it soon became a CULTURAL UNIVERSAL; every SOCIETY became exposed to the credit card...
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Banks would impose a standard interest rate across the board. Making it easier for anyone to obtain a credit card. Thus allowing the Banks to make a profit off the money you borrow.
But not everyone felt the need to obtain a credit card; some feel if they do not have the money to buy something then they really don't need it...
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