Credit Cards Essay Samples and Topic Ideas
credit cards is currently a common practice among the college and university students. The credit card was not used some years back by the college students to avoid the accumulation of the debts. The credit card was introduced for the college students about a decade ago. Recently, most of the credit card companies are liaising with the colleges to set up the booths to market their credit cards. The credit card companies convince the students by giving them gifts such as t-shirts and food for them to register for the credit cards (Hancock, 360). The college students can also get access to the credit cards before they are admitted to the universities. The main disadvantage of the credit cards is the...
- Words: 550
- Pages: 2
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credit cards among college students is are rapidly increasing. This can be attributed to the benefits these cards have, i.e., they are very convenient, come in handy during emergencies, safer to carry around compared to cash and give a record of the purchases done for easy tracking of one’s spending. However, these benefits often come at a cost and if not careful one may get in the short term and long term financial and psychological problems. According to Fay, at least 86% of students in college possess a credit card and the average credit among these students is $4,100 (2). This statistics is concerning, and therefore college students should be aware of some of the risk associated with bad credit...
Credit Cards Author’s Name Institutional Affiliation The Advantage and Disadvantages of Credit Cards Draft copy Credit cards offer convenience to users in that they don’t need to carry significant amounts of money from place to place so as to purchase something. Carrying large sums of money might be dangerous as one may be susceptible to a mugging by thugs. Credit cards ensure that you can buy whatever you want by just swiping your card. They also offer instant cash when you don’t have the necessary money to buy a particular item that you urgently need or pay for vital services in case of emergencies. You don’t need to have money in your card to purchase. As the credit card provider...
- Words: 550
- Pages: 2
credit cards or cash systems. There are also various types of clientele. There are those whose bills are catered by institutions to others whose bill is paid by spouses or other third parties. Manual harmonization of such bulk information is challenging. This necessitated the use of Electronic Health Records (EHR) to ensure sustained efficiency. EHR systems in the billing department are for calculating the cost of the services offered as well as connecting the payer and the health records. If the patient has an insurance premium, the billing office will dispatch the patients’ records to the insurer and collect payments. ("Electronic Health Records - Centers for Medicare & Medicaid Services",...
credit cards to impersonating the government employees, tricking employees to give vital information because they think they are talking to their fellow colleagues. This can as well used by blackmailers and terrorists as they have all the information they require about an individual. The hackers who were suspected to be Chinese in their espionage were apprehended by the Chinese government, and little is known of the proceedings after the arrest especially since their identity was never revealed and the Chinese government denied that the hackers worked for them (The Washington Post, 2015). After the discovery of the breach, the House Committee on Oversight and Government Reforms reported that the...