credit card secrets

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Title: credit card secrets

Essay Details:

Subject: Social Issues

Author: Donna B

Date: May 12, 2013

Level: University

Grade: A

Length: 2 / 572

Essay text:

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. 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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