Monday, December 20, 2010

Adam Christian Business Services: Americans Reject Credit Cards ...

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Many years ago people used that old fashioned item called cash and as we were all told " Cash Was King" and " Another Day Another Dollar" but then the days of the credit card were upon us , but it crept upon us very quietly without us knowing with the advent of the bankers card for use of cheques and at the bottom the word's Vis'a and we were given a small piece of paper with writing so small to the naked eye that very few people ever decided to read it, so the stealth bomber of debt was set.


Many years later and just when we needed it with the help of consumeris­m and the fact that any country was built on how much people spent the credit card companies started to rise, like a phoenix from the ashes and instead of the word -DEBIT [ meaning l have the money in my account] the word CREDIT [meaning buy now and pay later] and so we did in droves building debts up to points that took us into or closer than before to our so-called credit limit.


Now you would have thought at this point they would say enough was enough and limit us to only what we paid off, but know greed had set in and everyone climbed on the band-wagon as credit limits exploded and people were spending more than they could really afford.


So about time l say.
Read the Article at HuffingtonPost

Source: http://aceworldwideservices.blogspot.com/2010/12/americans-reject-credit-cards-this_21.html


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