The system by which credit card companies get consumers into these high-interest rate predicaments is no accident. It is a system and it has been carefully designed by the credit card companies, beginning with the way they write the agreement. When credit cards began, the credit card agreement was two or three pages long.
On the recordApril 29, 2010
Editor's note · Context
The speaker addresses the predatory practices of credit card companies and their impact on consumers.
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