credit card epidemic

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The silent epidemic sweeping the nation today is credit card abuse. As prices of goods increase faster than average wages, American families slide deeper into debt. In the meantime, the banks are flourishing from their desire to buy now and pay later. It is amazing how a small piece of plastic can be so dangerous. Society today almost requires people to carry credit cards. In my opinion, credit cards are one of America’s family’…

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…use of cards effects all social classes of people. In some families the addiction to these cards are as serious as alcohol or drug abuse. Society does not view this practice as a serious problem, and seems to accept the debt. In some cases, the abuse of these cards can lead to violent or deadly acts. America should start to realize how the problem is growing and educate people on the dangers of this abuse.