test 4 Flashcards

(10 cards)

1
Q

money owed to another person or company

A

debt

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2
Q

what do credit card companies never advertise

A

the miserable effects of crushing debt

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3
Q

what have credit cards worked decades to convince us of

A

that they are simply offering a service

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4
Q

is there such things as good debt

A

no

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5
Q

who does credit make lots of money for

A

credit card companies, banks, and other lenders

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6
Q

our grandparents thought debt was

A

dumb

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7
Q

our great-grandparents thought debt was

A

a sin

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8
Q

our parents thought of debt was

A

they borrowed on a few things

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9
Q

concerning credit, what happens when you turn 18

A

you become a target of credit marketing

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10
Q
A
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