Credit Card Resources

One-Stop Credit Card Resources with the latest Credit Card News, Information, and Tips from all over the world.

September 10, 2007

"Use Me!!" says Credit Card


About 57 years ago the United States was introduced to the first credit card. This card delighted those people who had only dreamt about living in luxury. They bought a new T.V., new furniture, and new clothes to temporarily ignite twinkling eyes.


This temporary effect faded once the people who used this “magic” card fell heavily into debt. Their lives of misery began because of the continued lack of money they have to work for, then had to give up.

The credit card was created to give people the chance to buy things on the spot that they wouldn’t usually afford. They charge items on their card and pay for their purchases over time.

Today the credit card is so overused that it gives people the illusion that it’s impossible to pay their debts, so they continue using it since it’s already their problem. The U.S. economy runs on consumerism through advertisements. Those advertisements offer people several ways to pay, so millions of people turn to the easiest form, charging it.

Read more at: "Use Me!!" says Credit Card

Labels:

0 Comments:

Post a Comment

<< Home