When you apply for a credit card, look before you leap!

When you apply for a credit card, look before you leap!

In the early 1970s, banks were eager to introduce the consumer public to the then-new concept of the credit card. Prior to this time, people would have charge-accounts at their favorite department stores, but that was about the extent of living on credit. Unsolicited credit cards were sent out by the millions and consumers eagerly … Read More