[简答题]Although credit cards are becoming a more acceptable part of the financial scene, they are still regarded with suspicion by many as being a major part of the "live now pay later" syndrome (综合征) . Along with hire-purchase, rental and leasing schemes, they provide encouragement to spend more money. Of course, it is only the foolhardy who yield (屈服) to the temptation to live, temporarily at least, beyond their means, and such people would no doubt manage to do so even without credit cards.
Advertising campaigns have, however, promoted a growing realization of the advantages of these small pieces of plastic. They obviate need to carry large amounts of cash and are always useful in emergencies. All the credit card organizations charge interest on a monthly basis which may work out as high as 25 per cent a year, yet judicious purchasing using a card can mean that you obtain up to seven weeks, interest-free credit. Using the card abroad, where items frequently take a long time to be incl

[简答题]Although credit cards are becoming a more acceptable part of the financial scene, they are still regarded with suspicion by many as being a major part of the "live now pay later" syndrome (综合征) . Along with hire-purchase, rental and leasing schemes, they provide encouragement to spend more money. Of course, it is only the foolhardy who yield (屈服) to the temptation to live, temporarily at least, beyond their means, and such people would no doubt manage to do so even without credit cards.
Advertising campaigns have, however, promoted a growing realization of the advantages of these small pieces of plastic. They obviate need to carry large amounts of cash and are always useful in emergencies. All the credit card organizations charge interest on a monthly basis which may work out as high as 25 per cent a year, yet judicious purchasing using a card can mean that you obtain up to seven weeks, interest-free credit. Using the card abroad, where items frequently take a long time to be incl

[简答题]Although vehicles are becoming more and more important as the means of transport in modern life, why do they also cause many problems

[单项选择]

Today, more and more people are using credit cards instead of money to buy the things they need. Almost anyone who has a steady income and a continuous work record can apply for a credit card. If you have a credit card, you can buy a car. have a dinner, take a trip, and even get a haircut by charging the cost to your account. In this way you can pay for purchases a month or two later, without any extra charge. Or you may choose to spread out your payments over several months and pay only part of the total amount each month. If you do this, the credit card company or the bank who sponsors the credit card will add a small service charge to your total bill. This is very convenient for the customer. With the credit card in your wallet or purse, you don’t have to carry much cash. This saves you trips to the bank to cash checks or draw cash. Also if you carry credit cards instead of a lot of cash, you don’t have to be concerned about losing your money through carelessness o
A. have a steady income, so they can afford a credit card
B. find it convenient to use a credit card
C. don’t have enough cash to buy what they want
D. want to pay back the money later

[填空题]Many people suspect that credit cards lure people to ______.

[简答题] It seems like Americans use credit cards for everything. It’’s a lot easier to spend money that you don’’t see, isn’’t it Many Americans spend money that isn’’t even there — and get deeper and deeper in debt. Why do so many people spend more than they have "Buy now, pay later" has become an American way of life. Recently, American households spent nearly 11 billion dollars more than they earned, creating negative saving rate. There are two ideas — one, living within your means, and the idea that living on debt is a great equalizer (平衡装置). They both have validity because it is important that someone live within their means over their lifetime. When people are young and they are earning money but they have very little savings, they almost have to borrow in order to own a house or own a car. But as they grow older, they should develop the habit of saving, so that by the time they reach the end of their earning life, they have savings to live on in retirement, and live within th

[单项选择]Costly—sometimes abusive—credit cards are bleeding millions of borrowers who didn’t know what they were getting into.
The bottom-feeding cards—for people with damaged credit—offer you a decent interest rate on credit lines "up to" $3,000. When the card arrives, however, your line might be only $250. And then come the fees! They’re charged to your tiny credit line, leaving you almost nothing to spend.
Two better-known card issuers with a big loan business are Capital One and HSBC’s Orchard Bank. They charge lower upfront fees than other cards do. But ff you fall behind, it’s tough. Cap One’s penalty rate is currently 28.15 percent. Orchard Bank doesn’t disclose its penalty rate online and wouldn’t tell you what it is. Cap One has a reputation for issuing multiple cards to people who bump up against their credit limits. That gives them two cards, with two low limits, to overspend.
Lenders have figured out many ways of extracting fees. There’s "universal default", where a l
A. has a low income
B. expects a low interest rate
C. has a bad reputation in repayment
D. is thoughtless when using credit cards