Part one of term paper
The silent epidemic sweeping the nation today is credit card abuse. As prices of goods increase faster than average wages, American families slide deeper into debt. In the meantime, the banks are flourishing from their desire to buy now and pay later. It is amazing how a small piece of plastic can be so dangerous. Society today almost req ...

Part two of term paper
... however, by doing so all you pay on the account is interest. In turn, a consumer is opted to make a purchase on impulse only thinking of how much the monthly minimum payment will increase. The stores thrive on this type of spending, and even target credit customers with such offers in their advertisements. Next, in today’s society, more service providers are requiring that you use credit cards to pay for and receive their services. One example is Internet service providers. It is almost impos ...