One could assume the banks encourage spending on impulse in order to secure their future. The access to credit cards make it possible to make large purchases instantly. The banks set low minimum payments; however, by doing so all you pay on the account is interest. In turn, a consumer is opted to make a purchase on impulse only thinking of how much the monthly minimum payment will increase. The stores thrive on this type of spending, and even target credit customers with such of

Another card sweeping the country now is the ATM card. Presently, most companies require or encourage direct deposit for their employees. The banks really have an advantage in this process. A person will have to receive an ATM card for accessing their money, but the bank will also include a VISA symbol on the card. In some cases, the bank allows the VISA credit line to be used for overdraft protection. A consumer may be unaware that exceeding their checking balance by $5.00 causes the bank to draft $100.00 increments into the account from the credit line. This procedure can be deceiving to the customer.

The banks offer credit cards to most everyone, and sometimes they even send the cards through the mail without permission from the consumer. It is unbelievable the high limits of credit offered on some of these cards. People with good credit are targeted highly by banks and lending institutions. It leads one to think that the bank

Some common words found in the essay are:
, credit cards, credit card, using credit, cards lead, using credit card, credit line, internet service, service providers, atm card,
Approximate Word count = 637
Approximate Pages = 3 (250 words per page double spaced)