Explores the relationship between consumer debt and the economy, and the positive and negative impacts of credit card use on consumers. Do credit cards provide for convenient, secure financial transactions, or entrap low-to-middle income consumers with high interest rates and fees? Looks at the practices of predatory lenders and debt collection agencies - do they treat consumers fairly? - and assesses bankruptcy as an option for handling too much personal debt.
"This anthology includes essays that initially appeared in periodicals, newspapers, books, government documents, and public and private organizational publications...A balanced presentation for highly controversial views, the selections differ in style and polish; some are carefully reasoned, and others are emotionally charged. Three major sections explore the dimensions of the problem, its causes, and possible remedies. Pulling no punches, this title covers its subjects well. Useful for research, for reports, and for debates."
-- School Library Journal (November 2001)
Price: US $28.45