Write an essay in which you agree or disagree with the author's

Write an in which you mate or disagree with the authors position. practice session your own ideas and experiences - Essay Examplee facts in the article, it is absolutely necessary to put a strangle on credit mental capacity companies that give away free gifts to lure young students into plastic slavery. Credit display board marketing in colleges needs restrictionsThe first reason I agree with the generators idea that students dont need extra credit is that the data shows that there atomic number 18 only 21% people (students) that pay their credit payment each month and only 11% pay even less than the minimum payment. The rest of the student lot (including 11%) rolls over their debt to conterminous month and thats what puts a big smile on credit card companies. That is exactly what they pauperization to see, credit being rolled over swelling up into more credit. It is no surprise that financial analysts call accumulating debt or credit the eighth wonder of the world. The de bt just keeps building up and the credit card holder becomes a financial slave to the credit card company.The second aspect of the article that makes me agree with the writer is the probe that why credit card companies that set up their tables and their poison lemon stands in colleges always give away gifts for signing up for a credit card not a debit card. It is obvious that they will get their spending on the gifts back with interests later on. It is hard to speculate that all people holding credit cards would be paying their minimum credit payments regularly, it is apparently impossible, that is why credit card companies are ready with their big open mouths waiting for this to happen and they could deplete off of the credit chunks.Compare the credit card to debit card, there is no difference in spending principle, the only difference comes when its time to pay off. For a debit card, one has to put on that amount of money in the bank account thus he cant in any case spend more than he can afford. On the other hand, it is the credit card that begs the credit card holder to spend more than he can afford. This is where banks cash in slews of money. Once the