- EXAMINING THE BILLING, MARKETING, AND DISCLOSURE PRACTICES OF THE CREDIT CARD INDUSTRY, AND THEIR IMPACT ON CONSUMERS

The postwar era saw the increase not only in mortgages but in consumer credit for other products, such as automobiles. This evolved into credit for virtually everything via the credit card.

Statistically speaking, being in debt is “normal.” And yet, think about it: Is it really normal to owe more than you have? Maybe for certain things, like a house or an education, but what about for random purchases on a credit card?