THE CREDIT CARD

The Credit Card: Private Trouble and public issues

The Credit Card: Private Trouble and public issues

Credit card is one of the greatest inventions of America. It is treasured, even worshiped. Yet this isn't just any other invention, it has become an American icon, making to the list where McDonalds, Coca-Cola, Marlboro and others belong. But not only that! Wait, there's more! Credit Cards are so powerful that it could even surpass what these other Icons can. It can even buy these icons once you get hold of a credit card.

Credit cards are so powerful. With swipe here, swipe there, in a snap! You have yourself your favorite brand of shoes. You can purchase anything that you want without running through the bank for withdrawal of your savings, or by even getting money from your wallet. They are convenient. Anytime you want, anywhere you are, or even anyhow, you could easily get a purchase. Through your card ID, you could buy anything without rushing for the mall before it closes. Through online shopping, you could buy just anything you want 24/7. With credit cards, you can save money as you could buy in sales with discounts, perks and privileges offered. Credit cards are safer to carry than cash, minimizing cash-based crimes. They are also convenient to pay as it gives us an option of paying bills in a long period or all at once.

Credit cards are also considered as a means of social status. If you have a credit card then it implies that you are in a higher social mobility. In a department store for example, the cash registry attendant would always ask if you will pay cash or charge. Some people even have five or even ten credit cards. Your name is printed or engraved in a credit car. ...