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The Use Of Credit Cards
Beginning of paper
is much more dangerous than use of checks
or cash. Paying with cash is very easy; for knowing how much money is
available and how much can be spent makes it very hard to get into debt.
When paying with a check the process is a bit trickier; the exact balance
has to be kept on the account at all time. Knowing what this balance is and
continuously ....
Middle of paper
....lion, chief economist with MBG Information Services. A
swipe of the card has become so natural that many consumers do not realize
how much they have charged, nor that it will take them forever to pay that
debt off. Seventy percent of respondents to a recent ABA survey said that
it would take them at least two months to pay off their holiday expen.... |
| Word count: 465 |
Page count: 2 |
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