The Dangers of Credit Cards :: Argumentative Persuasive Topics

The Dangers of Credit Cards   Credit cards atomic number 18 an inevitable fixings in growing up. Once you turn eighteen it all starts. You drive applications in the mail daily and commercials appear on television as well. This starts to spark an occupy. So you say to yourself, I think Im responsible luxuriant to piss a credit card, Ill only use it for emergencies. Then you obligate and it may take a couple times to finally be approved for one. This only makes it worse, of course, because you realize how long you project waited and now you get to buy anything you want, after all you dont have to feed it off for a month. The year is 2001, more and more teens own credit cards and are already establishing their credit history. This essay will prove the truth to the highest degree credit cards and what its like to be in debt. It will as well as show the easy musical modes in which commercials and credit card companies drop lure you into debt.   Credit ca rds seem to be the easy way to purchase things. If you want a pair of pants but dont have the cash, you can just charge it. In reality, credit cards are not that easy. Once you are approved for a card the guild gives you a credit limit, which is proportional to your income. On the average, an eighteen year middle-aged would have about a $250 limit. Which is good because it means teenagers cannot charge departed the maximum totality of money. When a credit card is maxed out it means that you have hit the highest amount of money you can spend and it wont let you spend anymore. A month later when you receive your woodpecker, the full amount will be shown and the minimum amount owed. The minimum amount is a feature on a credit card that allows the buyer to pay only a certain small sum of the money. For example the bill is $222 and the minimum amount you can pay is $15-$25. If you choose to pay the minimum, the interest value comes in. Each time you dont pay in full, in terest grade are charged onto the original bill. This is how people with credit cards cover into debt.