The Dangers of Credit Cards :: Argumentative Persuasive Topics

The Dangers of confidence Cards   Credit nebs are an inevitable factor in growing up. Once you flexure eighteen it all starts. You receive applications in the mail daily and commercials appear on television as well. This starts to spark an interest. So you say to yourself, I recover Im responsible enough to get a course credit card, Ill only use it for emergencies. Then you apply and it may take a couple times to at last be approved for one. This only makes it worse, of course, because you realize how long you have waited and now you get to buy anything you want, after all you dont have to hold 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 about credit cards and what its like to be in debt. It will also show the easy ways in which commercials and credit card companies can lure you into debt.   Credit cards seem to be the easy way to purchase thin gs. If you want a pair of pants but dont have the cash, you can just maintenance it. In reality, credit cards are not that easy. Once you are approved for a card the company gives you a credit limit, which is proportional to your income. On the average, an eighteen year old would have about a $250 limit. Which is good because it means teenagers cannot charge past the maximum amount 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 bill, the replete(p) 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 cherish comes in. Each time you dont pay in full, interest rates are charged onto the original bill. Th is is how people with credit cards run into debt.