The credit jungle

30 min read
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130 pages 1996

About This Book

(...)This book explains a great deal of the machinations of business and credit; how banks profit from interest on revolving credit. Almost anything can be bought on credit; and it is not difficult to establish oneself as a card holder. The teen-age market is booming now that they can have their own cards. The information given here could serve as a handy guide to young engaged couples who are about to outfit their future home with things they need and a few things they can do without, in accordance with the standards of our great society.
The author believes the consumer should have more protection from unscrupulous frauds who take advantage of the buyer's weakness to possess luxuries or articles of real necessity. He recommends consumer education as a required study in high school and hopefully they will be able to avoid some of the pitfalls of their forbears.
(Review by Helen Joseph)

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