Credit Card Nation: The Consequences of America’s Addiction to Credit

First, do not buy or read this book. However, all comments have motivated me to ask what all these people thought before reading the book. Obviously, the content to explain what happens when people things that they do not pay to borrow money at exorbitant interest rates for limited purchase. I do not understand why credit card companies get the bum rap. The perpetrator of all this seems to be ignorance of the consumer sheep. I think everyone who is rich enough and educated enough to go to college should be able to understand the borrowing by excessive interest rates, they can not really afford to buy stupid. Or is it just me? Anyway, I need a book by a sociologist to tell me. Rating: 3 / 5

The basic thesis of this book if you need to be said is that credit card companies are fleecing America and the evil way with him, and that the “Revolver”, the interests of each month, take over their credit cards as well, idiots. Oh, after wading through the whole book, I would not recommend it to others, even those who apply on the theme of passion. While the material is well written and well documented, the author does not seem to do in the situation, the subject alive, or write to efficiently and effectively. The total yield is about olvidables.Claro is an important issue, but to do after the first twenty pages or so, more or less “things” and all of those stories and graphics that has essentially according superfluo.Manning certainly a bone to . pluck And while they agree with the position of almost everything that I could not shake the feeling that they are less confiable.A issue makes the drawing, there does not seem to go Puritan ideas of saving, pay-as-you – shows the shame of bankruptcy, etc., nothing but contempt for the scandalous way the world these days seems to work. At the end I felt this book much more effective as a lament for the lost virtue of prudence as a sober analysis of the consequences of America’s addiction to credit. ” Almost all of their “case studies” are negative, for example. Nevertheless, it was ruined by his careless use of plastic. Just so irresponsible living by what momento.Pero de-emphasizes budget – or even ignored – are the many cases in which credit cards often allow members of the lower class to finish their studies, changing jobs, always pay some unforeseen difficulties liberate , etc., and then later, bitter, or maybe even Chapter 10 in the trash. No, everything is being pushed aside in favor of concentrating on how the shameful behavior of all es.En sum: not so full of interesting ideas and facts, as I thought it would. And then, what “facts”, the book has to offer, unfortunately, are so gentle and biased that could probably be explained, at least in broad one, that it is precisely the position of the author, without informing been reading the book itself. Rating: 2 / 5