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P a g e | 1 Americans, The Abuse of Credit Card Use Com/156 – University Composition and Communication II (AXIA)
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In today's society, Americans often seem to struggle with credit card use. Many Americans find themselves in debt which they cannot escape after maxing out their credit cards and being unable to afford their monthly payments. All kinds of people influence or even force Americans into getting credit cards. Credit cards can have a negative impact on your credit score. For example; a credit card can lower your credit score which can cause trouble for you when making future investments. Future investments that may be jeopardized include house buying or car buying. Having a credit card is a big responsibility and you must be aware that if you sign up for a credit card with a large limit you will face large monthly payments, too. “Maxed out and over-the-limit credit card balances make your credit utilization 100%. This is least ideal for your credit score.”
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This note was uploaded on 12/18/2011 for the course COM 155 155 taught by Professor Shepherd during the Spring '10 term at University of Phoenix.

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