Published by on 28 Oct 2008
The Aging of the Credit Industry
In the last thirty to forty years, the credit industry has come into full maturity. No longer is it just a convenience made available to those who cannot pay cash. It is a full-grown, multi-billion dollar industry which sells its services as a part of every financial transaction being entered into. Apparently, multiplied billions of dollars are being spent annually by the credit industry to project the illusion that the easy-payment plan is helping the population into a better lifestyle. It is high time that people be awakened and examine whether or not that is true.