Credit Card Companies Push Customers into Deeper Debt
September 25, 2008 | CNN, alternatives | Comments (0)An interesting piece on Customer Service Agents at credit card companies is up on CNN.com right now.
These former CSA’s allege that they were told to push people to take out more credit than they needed and rushed through the details.
CFSA member companies are required to post in large print and explain to customers the terms of each loan they make. Why aren’t credit card companies held to more stringent measures? Afterall, credit history is becoming more and more important in the US.
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