Consumer Power: Credit (1973)
Consumer advocate Ralph Nadar, psychoanalyst Dr. Isadore Ziferstein, and bank executive J. Hynes present three differing points of view about Americans’ use of credit. Defines the benefits and dangers of credit buying in interviews with these authorities, and in interviews with consumers.
Keywords: consumer credit, credit cards, debt, instant gratification, overspending, financial bondage, addiction, exploitation, economy, psychological impact
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