Credit Cards For The Young A Boon Or A Bane:

commgoalation Cards for the Young A Babe or A Boon?: A Study of Student trading to the belief Card Companies A.Introduction 1.Definition of a recognition Card 2.Marketing assail on Students 3.Students Ignorance and Irresponsibility 4.Legislative Issues B.Marketing Toward Youth and Students 1.I started Receiving calls shortly before my eighteenth birthday 2.Tables in student unions and cafeterias with free stuff. 3.Flyers in both vestibule of every building 4.Applications packaged in college bookstore bags. C.Student ignorance and irresponsibility 1.Students entering school are usually financially unspiritual 2.Students dont understand the consequences a.Free Money b.Interest Rates 3.May rely on parents to define them out D.Credit Card Reform Targeted at Youth and Students 1.New bankruptcy bills 2.Legislative bans against advertising to youth and students 3.Colleges ban banks from promoting credit humours on campus 4.Colleges to digest budgeting and financial r esponsibility classes and seminars E.Conclusion 1.Restatement of thesis 2.Credit Card for students scourge or boon is determined by the level of maturity of the students Credit Cards for the Young A Bane or a Boon?: A Study of Student Indebtedness to the Credit Card Companies Major and minor credit card companies perplex targeted a new market of bearers to boost their fag end line ? high and college students. This study examines the tactics employed by credit card companies to market the card and the acceptance and drop down of the card by student as free money. A credit card is an open-ended loan card that allows students to absorb money up to a predetermined limit. There is no fixed repayment term, as long as the bare monthly payment due, usually 2 ? 3% of the with child(p) balance, is give each month. Youth inexperienced with debt management, but with a rapacious appetite for consumerism take the companies up on their offers and set forward to spend. W ith little awareness, in a short period of t! ime, students oftentimes amass a lifetime of debt by the end of their newcomer year in college. Legislatures at the state... If you want to get a full essay, order it on our website: OrderCustomPaper.com

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