Use and abuse of credit.
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ESSAY DETAILS
Words: 1425
Pages: 5
(approximately 235 words/page)
Pages: 5
(approximately 235 words/page)
Essay Database > Business & Economy > Economics
Use and Abuse of Credit
The use of credit cards 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 …
showed first 75 words of 1425 total
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showed first 75 words of 1425 total
showed last 75 words of 1425 total
…units. 2. Among families having a balance. Source: Board of Governors of the Federal Reserve System, unpublished data. From Statistical Abstract of the U.S., 2001. Works Cited "Credit Card Use, 1989-1998." 5 May 2003 <http://infoplease.com/ipa/A0193935.html>. Cambridge Consumer Credit Index. " Cards with Rewards." 5 May 2003 <http://www.debtsmart.com/cgi-pl/debt_stats_02.cgi>. Mae, Nellie. " Credit Card Debit for students." 5 May 2003 <http://www.debtsmart.com/cgi-pl/debt_stats_02.cgi>.
…units. 2. Among families having a balance. Source: Board of Governors of the Federal Reserve System, unpublished data. From Statistical Abstract of the U.S., 2001. Works Cited "Credit Card Use, 1989-1998." 5 May 2003 <http://infoplease.com/ipa/A0193935.html>. Cambridge Consumer Credit Index. " Cards with Rewards." 5 May 2003 <http://www.debtsmart.com/cgi-pl/debt_stats_02.cgi>. Mae, Nellie. " Credit Card Debit for students." 5 May 2003 <http://www.debtsmart.com/cgi-pl/debt_stats_02.cgi>.
