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Marketing of Credit Cards
Reported in MSC Health Action News, July, 1996
Marketing of Credit Cards
Reported in MSC Health Action News, July, 1996
Americans owe over $400 billion on their credit cards. Consumer debt is at a six-year high. The average household gets about 25 credit card promotional offers a year. Experts worry that the "irresponsible and rabid marketing of credit cards" could result in a crisis for the economy.
