Experts Are Increasingly Sounding a Warning About Mounting Credit Card

question 167

Short Answer

Experts are increasingly sounding a warning about mounting credit card debt. Given that, which of the following would be an unwise strategy for a credit card company?
Making sure the company's credit card rules are clear and easy-to-understand.
Charging the same interest rate as other credit card companies.
Ensuring that fees for exceeding credit limits are no higher than necessary.
Increasing the value of the promotional items that are used to attract new credit card customers.
Offering free debt counseling to credit card customers.

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Drug-Free Workplace Act

A U.S. federal regulation requiring certain employers to work towards maintaining a workplace free of drugs and substance abuse through policies, programs, and sometimes testing.

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