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Who Can Stop Credit Card Abuse

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Credit cards have become such a familiar feature of the life style in the world that it is difficult to imagine a consumer economy functioning without them. The credit cards are nowadays the most convenient of all types of payments. The boom of the credit card industry has affected everyone in th ....

Middle of essay

...." , number that established a major industry (Lewis, 1990). ` Those three men were Alfred Bloomingdale, Frank Mc Namara and Ralph Snyder. They conceived a plan for a new type of credit card. Unlike the retail and gas credit cards, which were restricted in use to those industries, theirs would be "universal" card that allowed its holders to purchase goods and services at different places across the country. An industry was born, Diners Club As a matter of fact, the period right before the Firs....
Number of words: 1867 Approximate pages: 7

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